Adeosun to address UN, OECD’s conference on tax, revenue leakages

abuja—The Minister of Finance, Mrs. Kemi Adeosun, will on Thursday, address the conference of the Organisation for Economic Cooperation and Development (OECD) Platform for Collaboration on Tax (PCT).

The conference, billed to hold in New York, is an initiative of the United Nations, OECD, International Monetary Fund and World Bank Group.

The Director of Centre for Tax Policy and Administration, OECD, Pascal Saint-Amans, who signed Mrs. Adeosun’s invitation letter, said she would also be in a panel to discuss “Revenue Leakages: Illicit Financial Flows”.

Saint-Amans, noted that tackling illicit financial flows was a priority for most countries and that panelists would address the impact of the Illicit Financial Flows (IFFs), particularly those caused by tax evasion and corruption on sustainable development.

He said, “The Panel of discussants will discuss measures, both at the national and international level, which may help to reduce IIFs and identify opportunities to increase cooperation among range of actors tackling IFFs.”