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Anti-Corruption Commission (ACC) Director-General, Thom Shamakamba, has announced that Zambia will collaborate with other African Union Member States to address the problem of illicit financial flows and recover stolen assets.
Shamakamba stated that the ACC would not only trace stolen money but also recover properties bought outside Zambia using stolen funds.
The ACC Director-General made these remarks during a courtesy call on Zambia’s Ambassador to Ethiopia, Rose Sakala, who also serves as Zambia’s Permanent Representative to the African Union.
This was contained in a statement issued in Lusaka on Friday by Inutu Mupango Mwanza, the First Secretary for Press and Tourism at the Zambian Embassy in Addis Ababa, Ethiopia.
“Shamakamba is in Ethiopia to attend a Stakeholders’ Consultative Meeting on the Establishment of an Asset Recovery Practitioner Forum for Africa organized by the African Union and some cooperating partners,” Mwanza stated.
She added that under the Common African Position on Asset Recovery (CAPAR) programme, the African Union was actively coordinating and supporting efforts among African countries to address illicit financial flows, corruption and the recovery of stolen assets.
Additionally, Mwanza noted that the programme aimed to mobilise political support, resources and expertise to enable African countries to recover stolen assets and use the resources to support development.
During the same meeting, Ambassador Sakala said that the asset recovery programme was crucial for Zambia’s economic development.
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