Nigeria loses $17bn on illicit financial outflows through tax evasion

Nigeria loses $17bn on illicit financial outflows through tax evasion – CISLAC

August 12, 2020

A stash of what appearing to stolen funds recovered by the EFCC

The Civil Society Legislative Advocacy Centre (CISLAC) says Nigeria loses an estimated $17 billion on illicit financial outflows through tax evasion, theft, laundering of corrupt proceeds and other crimes through companies with unclear ownership structures. The Executive Director of CISLAC, Auwal

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