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After Years of Leakages, Syrian Capital Flight Likely Intensifying
November 30th, 2011
A forthcoming report by Global Financial Integrity finds that Syria lost US$23.6 billion in illicit financial outflows from 2000-2009 Syria's regime, led by President Bashar al-Asad, is on the ropes. Protests began in January, following uprisings across the Arab world, and have continued despite the regime's efforts to stop them.  These actions, according to Reuters, included having the Syrian Navy shell protesters in the city of Latakia, killing 36. Even after the crackdown, Syrian officials have not succeeded in quelling the protests. In a sign that the regime may be failing, the Financial Times reported that...
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