The bulk of an estimated $90 billion that left Africa annually through illicit financial flow to overseas might have come from Nigeria. The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Bolaji Owasanoye, made the disclosure on Thursday at the 2019 Africa Union (AU) Anti-Corruption Day in Lagos. Mr Owasanoye, represented by the ICPC Legal Adviser, Lagos office, Gododaye West, said the negative impact of corruption on the continent’s economic development was very obvious. “It is more poignant that the worst-hit victims of the crimes of corruption remains the vulnerable poor and marginalised individuals. “It is even sad that the bulk of an estimated 90 billion dollars that leave Africa through illicit financial flow annually might have come from Nigeria. “But, the continent as a whole, certainly receives less than that amount in development assistance from countries of Europe and America yearly. “Since the proceeds […]