The name is Africa Academy for Tax and Financial Crime Investigation, the partnership created between Germany, Italy and Kenya on 13 June in Berlin, under the supervision of the International Organization for Economic Co-operation and Development (OECD).
It is a statement of intent to launch a pilot program aimed at detecting and reporting illegal capital movements through the formation of investigators in the field of tax and financial crimes in the African area.
The program will consist of two series of training courses aimed at improving the skills of investigators in investigating and investigating tax and financial crimes, including recycling and corruption. The first course will take place from 26 June to 7 July 2017 at the Kenya Monetary School of Studies in Nairobi and will address 30 administrations of six countries in the East African Community: Burundi, Kenya, Rwanda, South Sudan , The United Republic of Tanzania and Uganda. The second pilot course will be open to all African countries. For Italy, the statement was signed by Treasury Director General, Vincenzo La Via, on behalf of the Ministry of Foreign Affairs and International Cooperation and the Ministry of Economy and Finance.
The initiative represents an important contribution to strengthen internationally the ability to counter tax evasion and financial crimes, which also devote considerable resources to developing countries, including those in Africa. Capital out of the loopholes due to tax evasion, recycling and corruption are huge. Only in Africa, the Mbeki report of 2015 estimates such sums to $ 50 billion a year.
The pilot program is a further step forward in the Olo Dialogue process, launched by the OECD in 2011 and aimed at promoting closer co-operation between police authorities, tax authorities, and unity of financial information for the fight Against fiscal and financial crimes, including through the involvement of developing countries. From the outset, Italy has been at the forefront in assisting developing countries in this area, hosting the OECD International Academy for Tax Crime Investigation, which has formed 250 investigators from 59 countries.