Monday, March 4, 2013

Illicit Financial Flow by Global Financial Integrity (GFI)

Recent report by Global Financial Integrity (GFI) finds close to USD$860 billion lost in illicit financial flows in 2010 world wide. China ranked top with more than USD$420 billion lost in illicit financial flows in 2010. Ranked second in the world is Malaysia. Malaysia lost close to USD$65 billion in illicit financial flows in 2010. Malaysia is far from strong economy player in the world but ranked second. I find this embarrassing.

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