Tag: Illicit Cash Flows
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We lose over $50bn yearly to illicit cash flows in Africa – Adeosun
The Minister of Finance, Mrs Kemi Adeosun, says Africa loses over 50 billion dollars, yearly, to illicit financial flows through money laundering, corruption and tax evasion. Adeosun said this at the opening ceremony of a capacity building workshop on the use of beneficial ownership information and the recovery of assets in Africa on Wednesday in…