Africa loses $8.6 billion annually to illicit financial flows – Tuggar 

Africa loses $8.6 billion annually to illicit financial flows – Tuggar 

The Nigerian Foreign Affairs Minister, Yusuf Tuggar, on Monday, said corruption in Africa is closely tied to illicit financial flows. The minister also called for cooperation that would enable the return of stolen crude oil from London. According to him, African countries lose an estimated $8.6 billion yearly to illicit financial flows. He added that

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