Chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, has urged global leaders to intensify efforts against rising cross-border crimes that continue to undermine revenue mobilisation and economic growth.
A statement from the FIRS said Adedeji made the call while delivering a keynote address at the 42nd Cambridge International Symposium on Economic Crimes (CIDOEC), held at the University of Cambridge, United Kingdom.
He was represented by Bolaji Owasanoye, a professor and the Coordinating Director of Proceeds of Crime Management and Illicit Financial Flows at FIRS, and immediate past chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).
Speaking on the theme of this year’s symposium, “Cross-Border Crimes”, the FIRS chairman described such crimes as one of the most pressing challenges of the modern global economy.
“In a global economy where capital can move faster than law enforcement, and where digital and legal arbitrage often outpace regulation, the fight against cross-border economic crime is, by necessity, both local and global, both urgent and pressing,” Adedeji said.
