Tuesday, April 23, 2019

Illicit Financial Flows to South Sudan: Role of Kenya and Uganda

The Nairobi-based Institute of Economic Affairs published in November 2018 a paper titled "Why Reduction of Illicit Financial Flows that Fuels South Sudan's War Economy Is in Kenya and Uganda's Interest."

The paper traces the institutional weaknesses that facilitate the illegal flow of funds belonging to South Sudan and how those funds may be channeled back to escalate civil conflict thereby undermining state sovereignty and opportunities for genuine democratic development.

The paper concludes that the governments of Uganda and Kenya must acknowledge that they undercut their own diplomatic initiatives by failing to constrain the beneficiaries of the funds and property stolen from South Sudan. Without action against illicit financial flows, Kenya and Uganda will stand accused of complicity in the continued poverty and suffering of the South Sudanese people.