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Project: PLOLumumba - - Concerns (14)




Concern #187 - Illicit Financial Flows (IFFs) draining revenues

Description:
IFFs and trade misinvoicing deprive Kenya/Africa of development funds.

Desired Outcome:
Higher tax-to-GDP; effective IFF detection and deterrence.

What Could Go Wrong:
Weak BO data; weak transfer-pricing enforcement.

Current Situation:
UN/UNCTAD estimate large annual African losses to IFFs.

Action Strategy:
Public BO registers; TP audit capacity; customs data matching; EAC/AU cooperation on IFFs.

Concern Category:
Anti-Corruption

Location:
Africa

Analysis: Not available

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