Malami advances measures to tackle global illicit financial flows

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By Yusuf Bello


Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN says in order to address the challenges of  illicit financial  flows internationally, there was the need to enhance consensus building and multilateral approach in  Africa and beyond.

Malami made the remarks in a goodwill message at the International Conference on Illicit Financial Flows (IFFS) and Assets Recovery  organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) holding 18th and 19th May, in Abuja.

“There is no doubt that international and regional cooperation is key in achieving this goal as no one country can do it. Therefore, we must all work together.  This is what the Financial and Accountability, Transparency and Integrity (FACTI) Panel’s report released in February  2021 is telling us.


“How we meet the recommendations of the panel in order to achieve the 2030 Agenda for sustainable Development is a global and regional challenge,” he said.


Malami who was represented by Special Assistant to the President on Justice Reform and International Relations, Mrs. Juliet Ibekaku  said the government is working to ensure that the recovered assets benefit all Nigerians through investment in social development programs and infrastructure.

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