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Extractive sector: Why the country should care about illicit financial flows

Daily Monitor Saturday March 13 2021 Oil and gas sector analysts interviewed for this article recommend that government do something almost immediately to plug IFF way before commercial exploitation of the country’s oil begins to flow Advertisement Should commercial production of oil and gas begin before the government tightens loopholes that drives illicit financial flows (IFFs), the country should expect very little and in some cases nothing at all in any form or shape of the much needed oil revenues. Oil and gas sector analysts interviewed for this article recommend that government do something almost immediately to plug IFF way before commercial exploitation of the country’s oil begins to flow.

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