Blog post

Tackling illegal money flows in Asia could bring schools, hospitals and bridges to the poorest

11 Sep 2014 by Elodie Beth

Corruption Complaint BoxGlobally, illicit financial flows drained roughly US$950b from the developing world in 2011 according to Global Financial Integrity. Photo: “Corruption Box,” available under a Creative Commons 2.0 license, © Michael Goodine
Illicit financial flows (cross-border flows of money that are illegally earned, transferred or utilised) are depriving the poorest economies in the region from vital funds for development. And the consequences of these flows on the sustainability of some of the region’s strongest economies are still largely underestimated. … Read more

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