New Report finds that Illicit Financial Flows out of the Developing World Overwhelm Foreign Aid
April 10th, 2009
A new report by the Task Force’s lead organization, Global Financial Integrity, entitled “Illicit Financial Flows from Developing Countries: 2002-2006,” shows that the developing world is losing an increasing amount of money through illicit capital flight each year. Moreover, the value of the illicit flows surpasses the amount of Official Development Assistance entering those countries
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