Sentences with phrase «of illicit financial flows»

This analytical document analyzes the various dimensions, sources and impacts of illicit financial flows, including climate finance, from the continent and the strategies that could be deployed to halt and redirect them towards Africa's development.

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».

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.

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

Not exact matches

«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.

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.

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.

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.

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.

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 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.»

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.

16.4 by 2030 significantly reduce illicit financial and arms flows, strengthen recovery and return of stolen assets, and combat all forms of organized crime

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.

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.

Mixed through this we see commitment to dealing with a number of problems: access to justice, violence, exploitation, trafficking and torture of children, illicit financial and arms flows, the recovery and return of stolen assets, organized crime, corruption and bribery in all their forms, legal identity for all, and, of course, terrorism.

«Flows of illicit money can damage the integrity, stability and reputation of the financial sector, and threaten the internal market of the Union as well as international development.