The Independent Corrupt Practices and Other Related Offences Commission, ICPC, and the Coalition for Dialogue on Africa, CoDA, are to strengthen their cooperation agreement towards tackling Illicit Financial Flows, IFFs, and providing support for the Common African Position on Asset Recovery, CAPAR.
The Chairman of the ICPC, Dr Musa Adamu Aliyu, SAN, made this known on Tuesday during the visit of the Executive Director of CoDA and Head of the Secretariat of the African Union High-Level Panel on Illicit Financial Flows, Mrs. Souad Aden-Osman, to his office. The ICPC Chairman said, “The Commission will continue to work with CoDA and support the fight against illicit financial flows. We are ready to help CoDA. “We need to tackle the menace of illicit financial flows.
She noted that the agreement was to regulate the relationship between the parties in pursuing their common objective towards advancing asset detection and identification, asset recovery and return, asset management as well as cooperation and partnership in Africa. Aden-Osman disclosed that the African Union had in January 2015 adopted a Special Declaration on Illicit Financial Flows towards addressing the increasing scale and extent of the menace from Africa.
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