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Though stakeholders including the African Union Member-States have played significant roles in the international efforts to combat these opaque and destabilizing transfers of capital, such efforts have not yielded the desired goal.
The African Union (AU) High-Level Panel on Illicit Financial Flows (AU HLP on IFF) and the Working Group on the Common African Position on Asset Recovery
African countries, including Nigeria, have been advised to arrest the alarming rate of corruption and Illicit Financial Flows (IFFs) in order to develop and meet the Sustainable Development Goal targets. The advice was given by the Head of Secretariat of the African Union High Level Panel on IFFs and the Working Group on Common Africa
The conference is organised in line with African Union Decisions and Instruments adopted by African Heads of State and Government.
DAKAR - The African Union (AU) High-Level Panel on Illicit Financial Flows (AU HLP on IFF) and the Working Group on the Common African Position on Asset Recovery (CAPAR), composed of the African Union, the Coalition for Dialogue on Africa (CoDA), Forum Civil, the Pan-African Lawyers Union (PALU) and TrustAfrica, are holding a conference on