Tackling Illicit Financial Flows

Illicit financial flows (IFFs) refer to the unlawful movement of
money or capital across borders, involving funds that are illegally
generated, transferred, or used. In this context, Luckystar
Miyandazi’s work is particularly significant. She is a Tax and IFF
Expert at the AU Commission in Addis Ababa, where she coordinates
the AU’s Tax and IFF Strategies. As a founding member of the Global
South Dialogue on Economic and Financial Crime and a specialist in
global tax policy issues, she advocates for more inclusive,
equitable, and sustainable approaches to addressing IFFs. In her
conversation with VIDC Director Sybille Straubinger, she explains
why IFFs are detrimental to every country’s development, how
political reforms can bring about real change, and why the current
UN Tax Convention could truly become a turning point.