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Congo-Kinshasa: Thabo Mbeki to Lead Review On Illegal Money Outflows
UNECA, 22 August 2013
How serious and complex is the problem of illicit financial flows from the Democratic Republic of Congo (DRC), what are the key drivers of the flows, what are Government and other… Read more »
Illicit Money Probe Turns to DR Congo
Africa reportedly loses double the amount of development aid it receives as a result of illicit flows of money to countries abroad. Now a High-Level Panel on Illicit Financial Flows, led by former South African president Thabo Mbeki, will turn the spotlight on such flows from the Democratic Republic of Congo.
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Africa: Pushing Illicit Financial Flows to the Top of the Global Agenda
SAIIA, 2 July 2013
In 2012, Africa lost an estimated $43-$46 billion to illicit financial flows (IFF). Calculated over time, the size of this "shadow financial system" is staggering. For instance,… Read more »
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Africa: The High Level Panel On Illicit Financial Flows Meets in Lusaka
UNECA, 19 June 2013
The High Level Panel on Illicit Financial Flows held a two day meeting in Lusaka from 17th -18th June 2013. The ten member Panel chaired by His Excellence, former President of… Read more »
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Africa: Mbeki to Chair High Level Talks On Illicit Financial Flows
UNECA, 14 June 2013
The former President of South Africa, Mr. Thabo Mbeki will chair a two day High Level Meeting on illicit financial flows in Lusaka, Zambia on 17th and 18th June, 2013. Read more »
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South Africa: Mbeki Says Africa Loses Double of What Comes in As Development Aid
FrontPageAfrica, 30 April 2013
Monrovia- Former South African President Thabo Mbeki says, Africa is losing billions every year to illicit capital outflows in development. Read more »
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Africa: Jonathan - Africa Must Prevent Illicit Funds Outflow
This Day, 21 May 2013
President Goodluck Ebele Jonathan has called on governments in Africa to put a stop to the huge funds being illegally taken out of the continent. Read more »
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Africa: Liberia Booked? Illicit Financial Flows From Africa Shows Trail in UN Panel Report
FrontPageAfrica, 20 June 2013
A recent background paper by the United Nations Commission for Africa and the High Level Panel on Illicit Financial Flows from Africa has listed Liberia among a number of countries… Read more »
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Liberia: Why Is Liberia Playing With Fire? Illicit Financial Flows Report Warrants Serious Attention
FrontPageAfrica, 20 June 2013
WHEN FRONTPAGEAFRICA recently began raising questions about the possibility that laundered money could wind up in Liberia should the government proceed with its quest to accept… Read more »
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South Africa: 'Liberian Government Committed to Working With the Panel,' Says Chairman Thabo Mbeki
Govt of Liberia, 1 May 2013
The Chairman of the High Level Panel on Illicit Flows from Africa and former South African President, Mr. Thabo Mbeki says the Liberian Government has committed itself to working… Read more »
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Africa: UN - N8 Trillion Illegally Taken Away From Africa Annually
Daily Trust, 21 May 2013
At least $50bn (N8trilion) is illegally taken away from Africa every year, the United Nations has said. The chairman of the United Nations High Level Panel on Illicit Financial… Read more »
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Africa: Africa Loses U.S.$50 Billion Annually to Illicit Fund Flow - Mbeki
Premium Times, 20 May 2013
The Chairman of the United Nations High Level Panel on Illicit Financial Flows from Africa, Thabo Mbeki, has said that the continent loses, at least, $50 billion annually through… Read more »
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Africa: Capital Losses, What Can Be Done?
AfricaFocus, 20 November 2012
"Both rich countries and Africa suffer from a global system of financial secrecy, in which rich individuals and large companies hide income and assets from public scrutiny and from… Read more »
