Illicit Financial Flows in the Extractives Sector in Africa – Reflections on the Osoro Report in Tanzania

Illicit Financial Flows in the Extractives Sector in Africa – Reflections on the Osoro Report in Tanzania

On 12 June 2017, President John Magufuli of Tanzania received a report from the Osoro Committee which was commissioned to examine the economic and legal implications of the country’s export of gold and mineral concentrates. The establishment of the Osoro Committee follows a visit made in March by President Magufuli to the port of Dar es Salaam where he barred the export of 277 containers of gold and mineral concentrate belonging to Acacia Mining PLC, pending government verification of the amount and value of the minerals.