COPENHAGEN, Denmark – Global Financial Integrity (GFI) Director Raymond Baker will deliver remarks Tuesday, May 3rd as part of the Danish Ministry of Foreign Affairs’ 2011 Danida Days development conference followed by an appearance the same day before the Foreign Affairs Committee of the Danish Parliament.
GFI Director Raymond Baker discusses corruption and illicit financial flows from Africa with Mallam Nuhu Ribadu of the Center for Global Development and Rafael Marques de Morais. Princeton N. Lyman of the Council on Foreign Relations presides over this roundtable discussion.
WASHINGTON, DC – Africa lost $854 billion in illicit financial outflows from 1970 through 2008, according to a new report to be released today from Global Financial Integrity (GFI). Illicit Financial Flows from Africa: Hidden Resource for Development debuts new estimates for volume and patterns of illicit financial outflows from Africa, building upon GFI’s ground-breaking 2009 report, Illicit Financial Flows from Developing Countries: 2002-2006, which estimated that developing countries were losing as much as $1 trillion every year in illicit outflows. The new Africa illicit flows report is expected to feature prominently at the 3rd Annual Conference of African finance ministers in Malawi, which is currently underway.
NEW YORK – The UN Secretary-General and the President of the UN General Assembly are convening a High-level Event on the Millennium Development Goals at UN Headquarters in New York today.