Maracha County MP Hon Oguzu Lee Elected Vice Chair for "IFFs" East Africa.

📸: Hon Oguzu Lee in Brownish Shoot Takes Group Photo with Some of the Officials.

Kenya.

Maracha County MP Hon. Oguzu Lee Denis has today Thursday 26-10-2023 been unanimously elected Vice Chair of East African Parliamentary Network on Illicit Financial Flows (IFFs) and Tax Justice. He will deputize the Hon. Nancy from Kenya, also a former member of East Africa Parliament. In elections that took place in Nairobi at the Radisson Hotel,  Oguzu's call for regional unity and  harmonization tax policies and laws that disadvantage the EAC appreciated. He also voiced the need for the region to have common position in the discussion on reforms to the global tax structures. Oguzu also heads Uganda's caucus that is focussed combating IFFs and mobilization of adequate domestic resources for service delivery. The Vice Chair elect in his acceptance remarks noted that poverty and underdevelopment in Africa is as result of resource leaks through IFFs. "Each year, according to revised estimates, Africa loses $87bn to IFFs and $270bn in unqualified tax exemptions, figures that far exceed total amount of aid Africa receives," said the MP. He urged members to focus on activities of multinationals especially in those in extractives, tax expenditures reports and acts of tax base erosions. The General Assembly which drew both current and former MPs from across Africa also saw Hon. Dr. Khanyisile Tshabalala  from South Africa elected overall Chair of Africa Parliamentary Network on IFFs and Tax Justice.