The African Development Bank (AfDB) will from April 24-26 hold a workshop aimed at strengthening the role of Parliament in combating illicit financial flows from Africa.
According to a statement by the AfDB, the workshop will be held in Abuja Nigeria, and will address the challenges and difficulties faced, the good practices adopted by experts and practitioners in African countries in their fight against illicit financial flows and in recovering the proceeds of crime from criminals, and the role that parliamentarians can play in facilitating the work of the practitioners.
Participants at the workshop will include Parliamentarians from the Bank’s regional member countries (RMCs), as well as national and international experts and practitioners in the field of taxation, financial crimes, and financial intelligence units, among others, who are central to the Bank’s work on illicit financial flows.
Officials say the workshop’s expected outcomes include widespread awareness among parliamentarians on their role in combating illicit financial flows from Africa, the role which they can play in translating the key recommendations of the HLP Report on Illicit Financial Flows (IFFs) into laws that respond to specific needs of their countries and generation of ideas on how to initiate and deepen cooperation and synergies among parliamentarians on IFFs in the Banks RMCs.