FG laments illicit financial flows, says 0bn laundered by corrupt leaders

FG laments illicit financial flows, says $400bn laundered by corrupt leaders

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FG laments illicit financial flows, says $400bn laundered by corrupt leaders

By Ikechukwu Nnochiri – Abuja

The Federal Government has alleged that over $400billion was laundered and stashed abroad by corrupt leaders in the country and their foreign accomplices, including multinational companies.

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, who made the disclosure in a speech he presented at the eighth session of the Conference of States Parties to the United Nations Convention Against Corruption in the United Arab Emirate, UNCAC, decried that illicit financial flows from the country are foreign havens.

Continue reading FG laments illicit financial flows, says $400bn laundered by corrupt leaders at Vanguard News.

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