Sentences with phrase «illicit financial flows»

On the wider issue of Illicit Financial Flows, she emphasised that Nigeria, under President Muhammadu Buhari, was «taking strong action and was determined to reverse their impact».

Addressing senior representatives from the World Bank and IMF, as well as over 150 parliamentarians the Minister called for greater focus on collaboration in illicit financial flows from Africa as a core pillar of the government's strategy to significantly enhance domestic government revenue and deliver sustainable economic growth.

A statement by the Minister's Special Adviser on Media Oluyinka Akintunde, explained that Nigeria was doubly affected by illicit financial flows as a result of corruption and tax evasion.

«The Nigerian delegation will also canvass the support of UN member states for the Buhari Administration's efforts towards combatting illicit financial flows in order to foster sustainable development.

«The Nigerian delegation will also canvass the support of UN member states for the Buhari administration's efforts towards combating illicit financial flows in order to foster sustainable development.»

Following its conference on illicit financial flows into Ghana, the groups, led by the Integrated Social Development Center (ISODEC), accused the then Parliament of negligence hence the call.

he Minister's Special Adviser on Media Oluyinka Akintunde, explained that Nigeria was doubly affected by illicit financial flows as a result of corruption and tax evasion.

«The moral argument against illicit financial flows and tax evasion and the strong international co-operation are such that every Nigerian tax payer should do the right thing.

The Philippines ranked higher on a list that gauges jurisdictions most to blame for supplying financial secrecy that enables illicit financial flows.

Robert Card, the then president and chief executive of SNC - Lavalin, addressed delegates and was part of a panel discussion entitled «keeping business clean and stopping illicit financial flows,» at the three - day conference.

Criminal and terrorist organisations, and corrupt individuals frequently use companies to hide their illicitly - obtained funds, and this provides a powerful means of combatting illicit financial flows, which we will probably start to see permeated throughout the world.

The Honourable Minister of Finance, Kemi Adeosun, has called for greater African and international collaboration on illicit financial flows to drive accelerated revenue growth and improved government efficiency.

The UK should be preventing the illicit financial flows from these countries, not protecting those responsible.

According to him, all States Parties need to develop strategies to prevent and combat all illicit financial flows as well as measures to fight against economic and financial crime including fraud.

«It is therefore vital that we increase our capacity of understanding the illicit financial flows, the hemorrhage if we are to meet our sustainable goals or if we are ever to transform something better.

«Let me draw the connect between unrestrained looting and illicit financial flows.

Most of the financial assets stolen in Nigeria are taken out of the country as part of the illicit financial flow.

Vice President Yemi Osinbajo on Tuesday called on the Forum of African Tax Administrators to come up with adequate mechanism to check the issue of tax evasion and illicit financial flows.

The presidential aide also explained that Nigeria and other African countries, who are victims of illicit financial flows, must challenge developed countries to block illicit financial flows from developing countries.

A statement by the Special Adviser to the minister On Media, Oluyinka Akintunde, explained that the Director of Centre for Tax Policy and Administration, OECD, Pascal Saint - Amans, who signed the invitation letter, said the Minister would also be in a panel to discuss «Revenue Leakages: Illicit Financial Flows».

The Vice-President noted that it is also clear that most economies ravaged by corruption, usually - both as a cause and consequence - do have institutions that are too weak to fight corruption and illicit financial flows.