The Need for Effective Leadership in Combating Financial Crime in the African Union Continental Free
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FOREWORD The Need for Effective Leadership is to Promote the fight against Financial Crime in Africa and help to advance Africa Trade Development Agenda. Financial Crime is a major African's problem, and combating it requires effective leadership at all levels. Africa remains at high risk of Financial Crime distress, and the risks have risen in the context of recent large fiscal deficits... All sectors of African's Leadership must either act now or never! African Leaders often say that criminal activities are like a lifestyle in the African's continent: but if left undealt with, the consequenc...
FOREWORD The Need for Effective Leadership is to Promote the fight against Financial Crime in Africa and help to advance Africa Trade Development Agenda. Financial Crime is a major African's problem, and combating it requires effective leadership at all levels. Africa remains at high risk of Financial Crime distress, and the risks have risen in the context of recent large fiscal deficits... All sectors of African's Leadership must either act now or never! African Leaders often say that criminal activities are like a lifestyle in the African's continent: but if left undealt with, the consequences will have adverse effect and will destroy the economic development of Africa and lessen the trust in our Public and Private Institutions. Similarly, leaders must build up effective Political governance within their institutions, the Will and capacity needed to crack down on Financial Crime agents or agencies in the areas of Money Laundering, Counter Terrorism Financing, Fraud, Drug deals, Bribery and Corruption and smugglers, why? Because these criminals have a lot of criminal strategies to evade our African Territories - for example, if they are restricted in the land routes - they would use sea routes- when they are restricted on the seas they use the air. That's why targeted interventions often have limited impact on Financial Crime and criminal activities in Africa: we need to look at the Leadership capacities and effectiveness in pursing the African Continental Free Trade Zone Area agenda as a big picture, besides the good initiatives and benefits therein it also has negative sides effect of its to tell the whole story of how the criminals are moving on Roads, Seas and air (aviation industry), and the poor border crossing security Agencies of Nations in Africa. This Book intends to tell the story of the poor suffering African's people with few livelihood options.
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