The Independent Corrupt Practices Commission has identified Illicit Financial Flows as a major threat to the achievement of of the Sustainable Development Goals in 2030 in Nigeria.
The anti-graft commission which described IFFs as illegal movements of money or capital from one country to another for various reasons, said it was making efforts to stop the menace.
The Head of Public Enlightenment and Education Unit, ICPC Ondo State Office, Mr Suleiman Achile, stated this on Tuesday in Akure, at a one-day sensitisation workshop on bringing about behavioural change in society, using the National Ethics and Integrity Policy.
According to him, the huge amount of money the country had lost to the IFFs were enough to change the fortune of the country for better.
Achille explained that in the quest of the commission to find a lasting solution to the menace , it has beamed its search light on areas that are prone to IFFs such as tax avoidance, tax evasion, base erosion and profit shifting.
In his welcome address, the chairman of the commission, Prof. Babajide Owasanoye, called on religious leaders, individuals and entire citizens to change their behaviours towards fighting against corruption in the society.
Represented by the Provost of the Anti-Corruption Academy of Nigeria, Prof. Tunde Babawale, the ICPC boss stated that enforcement of the law and order approach to fight against corruption alone was not enough to get rid of the menace from the society.
