Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 27/06/2022 02:36 
18.05.2022 18:11 News >> 'Transnational Crime Depriving Africa Of More Wealth Than It Gains Each Year'

'Transnational Crime Depriving Africa Of More Wealth Than It Gains Each Year'

UN estimates illegal financial flows deprive Africa of nearly $89B, or 3.7% of its GDP, annually, says Kenya's president.

Africa is losing a vast amount of its valuable resources to transnational organized crime, Kenya's president warned on Wednesday, emphasizing the need for immediate efforts to combat the menace.
"Our continent loses more wealth each year than it gains by at least $40 billion," Uhuru Kenyatta said at the 4th General Conference of African, Indian Ocean and East Africa Prosecutors in Kenya's coastal city of Mombasa.
Citing data from the UN Office on Drugs and Crime, he said illegal financial flows deprive Africa of roughly $88.8 billion each year, equivalent to 3.7% of the continent's gross domestic product.
He said the challenge of combating emerging transnational organized crimes, such as terrorism, corruption, drug trafficking, money laundering, counterfeiting and smuggling are being compounded as "criminal networks are utilizing advances in technology."
Kenyatta said African governments "must invest" in the fight against corruption and transnational organized crime.
"Criminal justice systems in Africa need a proactive approach on identifying, tracing, freezing, as well as confiscating funds and proceeds of crime and to remove the financial incentive and monetary benefits of crime," he added.​​​​​​​ -



        Latest News
Algeria's Northwestern Province Of Oran Jolted By 5.1 Magnitude Earthquake -3 minutes ago...
No casualties reported in statement by local authorities.
At Least 5 Killed, Hundreds Injured As Stand Collapses During Bullfight In Colombia 27 minutes ago...
Over 500 people injured as wooden stand lined with spectators collapses during Corraleja bullfight festival in El Espinal.
'Türkiye, NATO, Sweden, Finland To Hold Quadruple Leaders' Summit In Madrid' -3 minutes ago...
Türkiye expects Sweden and Finland to take a clear stance against PKK/PYD/YPG terror groups, affiliated structures, says presidential spokesman.
Explosion In Birmingham Destroys House Amid Reports Of Casualties 12 minutes ago...
West Midlands Police say there are 'reports of casualties, but the number and severity of their injuries is unknown at this time'
Outcry Grows After Dozens Die Trying To Cross Morocco-Spain Land Border -18 minutes ago...
Rights groups demand probe after 2,000 migrants storm militarized border fence on Friday.

 
      Top News
Explosion In Birmingham Destroys House Amid Reports Of Casualties Explosion In Birmingham Destroys House Amid Reports Of Casualties
7 Suspected Militants, 2 Soldiers Killed In Clash In NW Pakistan 7 Suspected Militants, 2 Soldiers Killed In Clash In NW Pakistan
G7 Aims To Mobilize $600B For Global Infrastructure Program By 2027: Biden G7 Aims To Mobilize $600B For Global Infrastructure Program By 2027: Biden
Gareth Bale Set To Join MLS Club Los Angeles FC Gareth Bale Set To Join MLS Club Los Angeles FC
Tunisian Judges Strike For 4Th Week To Protest Sackings Tunisian Judges Strike For 4Th Week To Protest Sackings
G7 Summit Kicks Off In Germany With Ukraine Top On Agenda G7 Summit Kicks Off In Germany With Ukraine Top On Agenda
Qatar's Emir, Algeria's President Discuss Ties, Common Interests Qatar's Emir, Algeria's President Discuss Ties, Common Interests
Top Turkish, Singaporean Diplomats Discuss Ties, Int'l Issues In Capital Ankara Top Turkish, Singaporean Diplomats Discuss Ties, Int'l Issues In Capital Ankara
Turkish President Reiterates Ankara's Demands In Phone Call With Swedish Premier Turkish President Reiterates Ankara's Demands In Phone Call With Swedish Premier
Ukraine Reconstruction, Food Security To Dominate G7 Agenda Ukraine Reconstruction, Food Security To Dominate G7 Agenda