Participants at the Zambia Alternative Mining Indaba urge more concerted efforts to curb illicit financial flows
"Zambia civil society organizations urge more concerted efforts to curb illicit financial flows", 30 June 2016
[O]rganizations...meeting under the auspices of the Zambia Alternative Mining Indaba, expressed concern that the country had continued to lose colossal sums of money through illicit financial flows...According to a communiqué issued after the meeting, Zambia was losing an estimated 3 billion U.S. dollars annually through illicit financial flows and this money could be used to finance provision of various social services. "This is money that could otherwise be used to finance the provision of public services such as health and education, as well as critical national development projects such as roads, railways, bridges and power infrastructure which are all key to Zambia’s industrialization," the communiqué said...