Togo Hosts OECD Francophone Academy to Combat Illicit Financial Flows

Economic governance
Wednesday, 18 September 2024 09:55
Togo Hosts OECD Francophone Academy to Combat Illicit Financial Flows

(Togo First) - Togo currently hosts the OECD Francophone Academy. Launched on September 16 and ending on September 20, the one-week training aims to combat illicit financial flows and improve domestic resource mobilization in participating countries. The meeting is held at the Institut de Formation Fiscale et Douanière de l'OTR (IFDD-OTR). 

Among the key figures present at the opening ceremony were Mawussé Afidenyigba, Chief of Staff to the Minister of Economy and Finance, Phillipe Tchodié, head of the Togolese Revenue Office, and Augustin Favereau, French Ambassador to Togo.

The focus of the initiative is "VAT fraud investigations".  and will run until September 20.

The event should help Togo consolidate its position as a regional training hub for financial crime prevention. 

"This is the first time that French trainees have come to Africa for training, and Togo is honored to host this academy," said Kibalo Bangna, Director of IFDD-OTR. He added that if the program meets its goals over the next five years, they may sign a long-term agreement with the OECD.

The academy aims to build capacity among various government agencies involved in tackling financial crime by training personnel from financial administrations, police, gendarmerie, judiciary, and other related sectors. Experts from the OECD will provide the training.

The OECD Francophone Academy gathered 35 French-speaking trainees from fifteen African countries (Togo, Benin, Burkina Faso, Burundi, Cameroon, Comoros, Congo, Democratic Republic of Congo, Ivory Coast, Djibouti, Guinea-Bissau, Madagascar, Morocco, Rwanda, Tunisia) and France.

Ayi Renaud Dossavi

 

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