AU Conference Tasks EITI on Glencore’s Bribery Scandal in Nigeria, 5 Others
The Conference on Addressing Illicit Financial Flows and Asset Recovery in the Extractive Industries has tasked the Extractive Industries Transparency Initiative (EITI) on the bribery scandal by Glencore in Nigeria and five other African countries.
The Conference, in a communique released on Tuesday at the end of its two-day session in Diamniadio, Dakar, Senegal, asked EITI to publicly call out Glencore for its failure to adhere to the group’s principles and values over its bribery scandal in Nigeria, Cameroon, South Sudan, Cote d’Ivoire, Equatorial Guinea and the Democratic Republic of Congo.
The Conference convened by the Secretariat of the African Union High Level Panel on Illicit Financial Flows and the Working Group on Common Africa Position on Asset Recovery (CAPAR) held parallel to the 2023 Global Conference of the Extractive Industries Transparency Initiative (EITI) on 13th and 14th June 2023 in Dakar, Senegal. The Global EITI Conference is the first ever conference to be held in Africa in spite of African countries being the majority of its fifty-seven member countries which meet every three years.
Comments
Post a Comment