NAIROBI (Xinhua) --
Tax experts from 12 African countries met
in Kenya on Tuesday to improve their skills in combating
illicit financial flows to prevent governments from
losing revenue to tax fraudsters.
The event is
the second session of the Africa Academy on Tax and
Financial Crimes Investigation.
essentially building the capacity of criminal tax
investigators to curb illicit financial flows,” said
Githii Mburu, the Kenya Revenue Authority’s commissioner
for Intelligence and Strategic Operations during the
second day of training on Tuesday.
has been organized by the Kenya Revenue Authority (KRA)
in collaboration with the Organization for Economic
Cooperation and Development (OECD) at the Kenya School
of Monetary Studies in the capital Nairobi.
training seeks to strengthen the capacity of tax and
financial crime investigators in tackling illicit
financial flows,” said Githii.
The goal of
the training is to enhance the capacity and skills of
tax and financial crime investigators in value added tax
(VAT) fraud, asset recovery and emerging issues in tax
Manager Juergen Leske termed the establishment of such
an academy in Africa by the KRA as a “visionary step.”
crimes are cross-border in nature,” Leske said. “Value
added tax, for example, is used in 160 countries
worldwide. Therefore, VAT financial crimes require
inter-agency government approach to be resolved.”
information in such financial crimes is critical,” he
is funded through a partnership between the KRA, German
and Italian governments, with OECD providing the faculty
for the training. Other governments, including those of
Britain and Canada, have expressed interest in
supporting the program.
brings together high-level policymakers, tax and
financial crime investigators, prosecutors, financial
analysts, and judicial officials drawn from both
Anglophone and Francophone African countries to
deliberate on solutions to tax and financial crimes that
result in tremendous loss to the African economy.
will acquire in-depth understanding of key skills
required for conducting financial investigations,
including the ability to follow the money through
complex financial arrangements and how to effectively
use sophisticated techniques to identify links between
suspects and their illicit activities.
a 2015 report on illicit financial flows from Africa,
the continent loses more than 50 billion U.S. dollars
annually to illegal transactions.
Academy Program for Tax and Financial Crime
Investigation was launched at the 2017 G20 Africa
Partnership conference in Berlin, Germany.