Financial Transparency Coalition

Forthcoming Global Financial Integrity Report Finds Mexican Economy Lost Over US$460 billion between 2000 and 2008 Mexico is struggling with some serious economic and political threats to stability. Drug cartels, corruption, and lower confidence in Mexican markets are eating away at prospects for economic growth. As Mexico teeters closer to a failed state, threats to U.S. national security rise commensurately. Mexican efforts at improving governance are falling short, and billions of dollars in illegal money are flying out of the country each year. In August of 2010, Mexican authorities fired almost 10 percent of the federal police force trying to...

Raids lift the lid on bureau de change for criminals BBC News, January 5, 2011

Casinos fail to flag huge sums of cash, Mounties say Vancouver Sun, January 6, 2011

Former BayernLB Chief Risk Officer Gribkowsky Is Arrested in Bribery Probe Bloomberg, January 5, 2011

OCC Probing 39 U.S. Lenders for Lapses Including Self-Dealing Bloomberg, January 6, 2011

Papandreou Says Excessive Debt Was a `Symptom, Not Cause' of Greek Crisis Bloomberg, January 6, 2011

Cash-Strapped Greece Cracks Down on Fun CNBC.com, January 6, 2011

Nissan must turn over tax papers...

Sudan has been embroiled in two civil wars for most of the 55 years it has existed as an independent state. In the 1980s and 1990s Sudan witnessed four million displacements and two million deaths as a direct result of this conflict. Islamic-oriented military regimes have ruled Sudan since independence, which is large part attributable to the religious demographics. Of Sudan’s sizeable population of over 44 million inhabitants, seventy percent identifies as Sunni Muslim, twenty-five with indigenous beliefs, and five percent as Christian. Muslims are concentrated in Northern Sudan, while Christians mostly occupy the South. This...

WASHINGTON, DC — Global Financial Integrity (GFI) marks the passing of George Vojta, a distinguished and luminary figure in the financial world. GFI director, Raymond Baker, issued the following statement following the news of Mr. Vojta’s passing:

I admired George greatly. His deep knowledge and fundamental integrity were impressive. His view of the world was extremely well informed and his approach to resolving its staggering problems was grounded in a set of values that influenced many who came into contact with him, myself most certainly included. He will be greatly missed but his legacy will endure.