After losing FCFA 4200 billion, Africa adopts own approach to tackle illicit financial flows

By DOH JAMES SONKEY IN YAOUNDE African countries have resolved not to remain indifferent to the illicit financial flows cankerworm that is eating up the fabric of its society and to carry out a concerted action plan and establish a follow up mechanism for the implementation of the Action plan. The commitment was taken last May 26, 2017 at the Yaoundé Hilton Hotel at the end of three days of brainstorming on how to curb the continent’s huge financial loss due to illicit financial flows. PM Yang Philemon flanked by Minister Mbah Acha Rose and EU Ambassador, Francoise Collett Placed…