Financial Transparency Coalition

Today the Food and Agriculture Organization (FAO) of the United Nations reported that 925 million people are undernourished in 2010. This is actually a decline from the all-time high of 1.02 billion in 2009. It’s easy to forget, when faced with our own brand of pain in the developed world, that a global recession is the difference between life and death for millions worldwide. It is startling to realize that an economic downturn that originates in the skyscrapers of New York can hit hardest in the rural towns of Bangladesh and Ethiopia, where most haven’t heard of...

India lost over USD 125bn in illicit outflows between 2000-08 The Times of India, September 14, 2010

Rampant corruption siphoning out funds from India MSN News, September 14, 2010

C.Suisse private bank to grow 20+ pct in Asia-INTERVIEW-UPDATE 1 Reuters, September 14, 2010

Congo conflict mineral clampdown seen tough to enforce Reuters, September 13, 2010

Rwanda plans scheme to avoid conflict minerals Reuters, September 13, 2010

Sahara states to target al Qaeda money trail Reuters, September 14, 2010

FATF asks Nepal govt to check money laundering Nepalnews.com, September 14, 2010

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Cumulative Illicit Financial Flows out of India from 2000-2008 Total Over US$125 Billion

India’s economic boom continues with an average growth rate of over eight percent between 2004 and 2009 by GFI calculations. As the money flows, however, the poor continue to stay poor. Corruption is rampant in India as it is in almost all developing countries. Both corrupt political and corporate officers manage to siphon off funds – intended to aid the people of India – off to political and private sector elite. Recent efforts in India to challenge this corrupt affront on humanity have been met with severe...

Op-Ed: Follow the Dirty Money The New York Times, September 13, 2010

Central Bank puts pawn shops in the firing line RT, September 13, 2010

A subtler tack to fight Afghan corruption? The Washington Post, September 12, 2010

Afghanistan Blunts Anticorruption Efforts The Wall Street Journal, September 12, 2010

Editorial: Mexico's gun traffic The Washington Post, September 13, 2010

Woman's links to Mexican drug cartel a saga of corruption on U.S. side of border The Washington Post, September 12, 2010

Regulators Back New Bank Rules to Avert Crises The...