FEATURED ARTICLE: Richard Abbey - Illegal fishing ripping sector apart
Richard Abbey explores how illegal fishing is damaging a lucrative sector in his native Ghana.
"Illegal, unreported and unregulated (IUU) fishing in Ghana is not only a serious threat to the ecology of the oceans, but also denies the country much needed tax revenues which can be used to stimulate economic growth and delivery of poverty alleviation projects.
According to an Organisation for Economic Cooperation and Development (OECD) study titled Better Policing for Development 2014 Policy Coherence and Illicit Financial Flows, the fisheries sector is of strategic importance to many countries but remains vulnerable to a wide range of tax crimes and other transgressions – including money laundering, corruption, drugs and arms smuggling."
