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Wednesday, 4 December 2019

UNODC and Southern African Development Community hold event on Illicit Financial Flows and Asset Forfeiture

UNODC and Southern African Development Community hold event on Illicit Financial Flows and Asset Forfeiture

UNODC hosts event on Illicit Financial Flows and Asset Forfeiture with Southern African Development Community

Pretoria (South Africa), 4 December 2019 - It is estimated that from 1970 to 2008 Africa lost about US$ 854 billion in illicit financial flows (IFFs) and continues to lose US$50 - 148 billion every year [1]. The increased scale of IFFs leaving the African continent significantly undermines Governments' efforts to achieve the Sustainable Development Goals by 2030. It is against this background that UNODC, in partnership with the Southern African Development Community, organised a workshop on "Fostering International Cooperation in addressing Illicit Financial Flows and on Asset Forfeiture." .



Published December 05, 2019 at 03:13AM
Read more at unodc.org

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