Supreme audit experts in Africa have come up with several solutions aimed at checking illicit financial flows in the continent.
The resolutions were made during a three day conference in Yaounde organised under the theme “tackling illicit financial flows”.
During the conference, the experts agreed that governments, private sector, civil society and international institutions need to form a united front to check the phenomenon. African governments were urged to implement stronger policies, engage in information sharing, update data of individuals and corporate bodies involved in illicit financial flows, harmonise judicial and legal framework which sanction perpetrators of the practice.
The experts also encouraged states to carry out combat actions on the field while adopting regional and continental combat strategy
As regards the African Union, the experts urged the organisation to educate citizens of African countries on public morals, intensify the fight against money laundering and chart the course on mechanisms of the fight in the continent.
Participants of the conference also urged members to make use of the results of the centre, adopt the Yaounde declaration and implement a plan of action.