Illicit Financial Flows in Africa: Definitions, Channels, Magnitude (Vidéo in French)



FFIs in Africa are constantly on the rise, and are increasingly being carried out using complex techniques. This phenomenon is such that: corruption, bribery, tax evasion cost developing countries up to $ 1300 billion illicit revenues from cybercrime are close to $ 200 billion per year the cost of fraud is estimated at $ 2.2 million on average per company. Mr. Elimane Pouye, Senior Tax Inspector, gives a definition of FFI and reviews the channels through which Africa is bled. To be continued on :

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