Showing posts with label Illicit. Show all posts
Showing posts with label Illicit. Show all posts

Tuesday, May 21, 2013

Africa Must Check Illicit Fund Flows – Jonathan



President Godluck Jonathan has said Africa must check the huge funds being illegally taken out of the continent.

President Jonathan was speaking to a delegation of the United Nations’ High Level Panel on Illicit Financial Flows from Africa, at State House, Abuja.  He said Africa ‘needs robust assistance from the developed world’ to check this outflow, because ‘corruption would be minimized if there are no places to hide the illicit funds’.
He challenged oil refineries worldwide to ask questions about the source of the crude they refine, and said the Administration was taking definite steps to check the theft of crude oil from Nigeria.

ST

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