Report of the High Level Panel on Illicit Financial Flows from Africa

Author:
High Level Panel on Illicit Financial Flows from Africa
Publisher:
Commissioned by the AU/ECA Conference of Ministers of Finance, Planning and Economic Development
Publication Date:
1 February 2015
Tags:
Africa, Corruption, Economy, Business and Finance

A report by the High Level Panel on Illicit Financial Flows from Africa (HLP), chaired by former South African President Thabo Mbeki,concludes that more than $60 billion leaves the African continent annually and the amount keeps on rising . The report, issued on February 1 in Addis Ababa, includes a series of findings as well as recommendations for "addressing the complex issue."

 

Follow AllAfrica

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.