Panel's efforts to curb illicit financial flows from Africa receives U.S. support

Abstract

The High Level Panel (HLP) on Illicit Financial Flows (IFF) from Africa to curb the outflows that have crippled Africa’s efforts to sustain economic growth and develop over the last decades received support from Assistant Secretary of State for African Affairs, Ms. Linda Thomas-Greenfield. In a meeting with the Panel led by its Chair, former South African President Thabo Mbeki, Thomas Greenfield said that the U.S. and the African continent had a “shared responsibility” to curb illicit financial flows and illegal activities, which impact negatively on development efforts in Africa.