Anti-Money Laundering Organization 'Grey-Lists' Africa’s Top Economies
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The world anti-money laundering organization has "gray-listed" Africa’s two biggest economies, Nigeria and South Africa. The Paris-based Financial Action Task Force, FATF, says both countries have failed to prevent illicit financial flows and terrorist financing.
Financial experts warn the gray-listing could be devastating to both nation’s economies. VOA correspondent Darren Taylor reports.