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Zambia Loses US$3.5 Billion To Illicit Financial Flows, FIC Reveals | Collector
Zambia Loses US$3.5 Billion To Illicit Financial Flows, FIC Reveals

Zambia Loses US$3.5 Billion To Illicit Financial Flows, FIC Reveals

Zambia haemorrhaged an estimated US$3.5 billion through illicit financial flows over a five-year period, the Financial Intelligence Centre (FIC) has revealed, warning that the continued haemorrhaging of national resources through illegal financial channels poses one of the gravest threats to Zambia’s long-term economic development, fiscal stability and capacity to deliver public services. The figures, highlighted […]

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