united-nations

Statement of the CAPAR Civil Society Network at Conference of the States Parties to the United Nations Convention against Corruption – CoSP 10

In the past 20 years, African governments have made considerable progress to recover stolen assets as a tool to combat Illicit Financial Flows and contribute to sustainable development. Asset recovery has gained attention among governments, the media and citizens. Several governments have introduced new asset recovery laws and created institutions in charge of recovering or managing stolen assets. This has led to an increase in recovered assets, both domestically and internationally. However, legislative and institutional frameworks, as well as efforts in international cooperation are still insufficient.