Observatoire des droits humains (anglais seulement)

Lawyers Discuss Illicit Flows of Money from Africa

(Version anglaise seulement)

African lawyers say they are committed to bringing back money illegally taken out of the continent. During a meeting in Cameroon's capital Yaounde, former South African President Thabo Mbeki said the hemorrhage of money from Africa makes the continent heavily indebted and highly underdeveloped. The lawyers say illicit financial flows, amounting to an estimated $50 to $60 billion per year, are carried out through theft and bribery by public officials, corporate transactions, criminal...

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