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Gordhan: Illicit flows rob Africa of jobs, critical services

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Finance Minister Pravin Gordhan. (GCIS)
Finance Minister Pravin Gordhan. (GCIS)

Pretoria - Illicit financial flows from countries pose a threat to the development agenda of the African continent, Finance Minister Pravin Gordhan said in Pretoria on Thursday.

In his address at the High Level Panel on Illicit Financial Flows, held at the University of Pretoria, Gordhan highlighted the damage done to economies through tax avoidance.

“Good tax governance and cooperation between law enforcement agencies and tax authorities is an essential element to counter bribery, corruption and illicit flows,” said Gordhan.

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