Unmask artificial entities’ owners, ICPC tells UN, global community | The Guardian Nigeria News


The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, SAN, has called on the United Nations and global community to unmask the owners of artificial legal entities in order to combat money laundering, illicit Financial Flows (IFFs) and hidden ill-gotten wealth.

The ICPC boss made the call as a panelist at the Ninth Session of the Conference of the States Parties (CoSP9) to the United Nations Convention Against Corruption (UNCAC) organised by the United Nations Office on Drugs and Crime (UNODC) at the International Conference Centre in Sharm El-Sheikh, Egypt.

Top government officials and heads of anti-corruption agencies are attending the CoSP9 from the United States, United Kingdom, France, Netherlands, Australia, Austria, Ukraine, India, United Arab Emirates, Nigeria, Egypt, Burkina Faso, Mali as well as international bodies, civil society organisations, and the private sector.

Speaking on the draft resolution L9…

Source: Guardian Newspaper