International Anticorruption Day 2020 - Strengthening Governance Systems to Combat Illicit Financial Flows at a Time of COVID-19
9 December 2020

A major constraint towards financing the Sustainable Development Goals (SDGs) pertains to leakages in member countries’ development budgets that are caused by illicit financial flows (IFFs). The COVID-19 pandemic presents additional challenges as developing countries struggle to balance health and economic priorities using limited resources.

For ADB’s 10th International Anticorruption Day celebration, the Office of Anticorruption and Integrity hosted a knowledge-sharing session on Strengthening Governance Systems to Combat Illicit Financial Flows at a Time of COVID-19. The two keynote speakers were Clare Rewcastle Brown, founder of The Sarawak Report, who shared her experience with the 1MDB investigation; and Lakshmi Kumar, policy director of Global Financial Integrity, who discussed the importance of a collective global and local response in fighting money laundering, terrorist financing, and other financial crimes.

Program and Learning Materials
Session / Activity Title Speaker(s)
Presentation
Presentation Fighting Illicit Flows - A Collective Response
Money laundering in the region is costing governments and economies billions, which could have been used for the development and social sector gains…
 Lakshmi Kumar

Disclaimer

The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.

Event Coordinator/s

  • OAI Knowledge and Communications Team

ADB Organizer/s

  • Office of Anticorruption and Integrity

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Topics

  • ADB Administration and Governance