HEDA Publishes Training Manual on Illicit Financial Flow and Asset Recovery

Olarenwaju Suraj
HEDA’s Chairman

The Lagos-based non-governmental organization, Human and Environment Development Agenda (HEDA), has published a training manual on illicit financial flow and asset recovery aimed at providing a framework for the acquisition of knowledge and skills relevant for meaningful engagement in the task of recovering funds and assets linked to established cases of corruption.

Titled Illicit Financial Flows and Asset Recovery Training Manual, it is structured to engender a learning process and knowledge sharing amongst anti-corruption activists, accountability platforms advocates and relevant stakeholders on recovery of illicit funds and assets acquired with proceeds of corrupt activities. It is also intended to equip prospective trainees with skills that they can share with other activists as well as stakeholders on subject‐matters relating to anti‐corruption and assets recovery.

Its objectives are to enhance capacity and shared knowledge amongst institutions, as well as committed citizens and professionals on tracking of international and domestic noxious funds towards stolen assets recovery; mobilize sustained engagement of activists, anti‐corruption movements and initiatives aimed at exposing corruption and specifically concerning the recovery of illicit funds and assets acquired with proceeds of corruption; stimulate robust engagement with political platforms and actors in Nigeria, push for the strengthening of institutional frameworks for the credible and sustainable anticorruption crusade among others.

The manual will also provide useful knowledge materials to help civil society organizations and other actors participate effectively in curbing illicit financial flows, asset recovery and money laundering, and corruption by detecting and deterring cross‐border tax evasion; eliminating anonymous shell companies; strengthening anti‐money laundering laws and practices; working to curtail trade misinvoicing, and improving the transparency of multinational corporations.

It was developed base on four methodological approaches which include short presentations, training exercises, break‐out sessions and interactive sessions with a view to addresses corruption issues under an interactive and participatory setting.

The training manual is divided into seven training modules with each module addressing specific themes organized into sessions.

Users of the training manual are urged to ensure full participation of trainees and enhance their empowerment through the acquisition of practical skills, essential knowledge and know‐how.

Please visit https://bit.ly/2WnUD4B to download the full manual.