Experts to Review Challenges, opportunities in Asset Recovery, Management in Africa Dec 17

SHARM EL- SHEIKH, EGYPT—-Anti-Corruption experts from around the world will tomorrow converge on the Nile Valley Hall, at the ongoing 9th Conference of State Parties (COSP) of the United Nations Convention Against Corruption (UNCAC) held in Sharm El-Sheikh, Egypt to review the challenges and opportunities faced by stakeholders involved in asset recovery in Africa.
The hybrid session which begins at 9:00 hours is being jointly organized by the Africa Network for Environment and Economic Justice (ANEEJ), the Civil Society Legislative Advocacy Centre (CISLAC), and the Civil Forum for Asset Recovery e.V. (CIFAR).
Nigeria’s Head of Asset Recovery and Management Unit, Federal Ministry of Justice, Mrs. Ladidi B. Mohammed, GIZ Advisor, Global Program Combating Illicit Financial Flows, Olga Ametistova, Head of Global Movement, TI Secretariat, Berlin, Alejandro Salas, and a UNODC representative are expected to give special messages at the side event’s opening session.
Discussions at the session with the topic “Management of recovered assets in Africa: Challenges and opportunities” will be opened by the Director of CIFAR, Jackson Oldfield, who will provide an overview of asset management and the role of civil society and will cover principles relating to the management of recovered assets and examples of mechanisms.
The Executive Director of ANEEJ, the Rev David Ugolor will follow by sharing ANEEJ’s rich experience on “Asset Disposal and Implementation of GFAR Principles: Lessons from the Monitoring of Recovered Assets through Transparency and Accountability (MANTRA) project.”
CISLAC’s Executive Director, Auwal Ibrahim Musa, will then proceed to share experience and lessons learnt from Nigeria and Kenya about accountable recovered assets’ management with emphasis on domestically recovered assets.

Program Coordinator of Transparency International, (TI) Kenya, Harriet Wachira will moderate the question and answer session and do a wrap up for next frontiers in asset recovery at the meeting which expects at least 100 physical and 300 virtual participants from around the world.