Menu

More News

Chinese Economy Lost $3.79 Trillion in Illicit Financial Outflows Since 2000, Reveals New GFI Report
October 25th, 2012
WASHINGTON, DC – The Chinese economy hemorrhaged US$3.79 trillion in illicit financial outflows from 2000 through 2011, according to a new report released today by Global Financial Integrity (GFI), a Washington, DC-based research and advocacy organization. Amidst increased domestic concern over inequality and corruption, GFI’s study raises serious questions about the stability of the Chinese economy merely two weeks before the once-in-a-decade leadership transition.
Continue Reading
Tax Haven USA: New York Times Articles Expose Need to Abolish Anonymous U.S. Shell Companies
July 3rd, 2012
WASHINGTON, DC – Two recent articles published in The New York Timesexpose how criminals, terrorists, corrupt foreign politicians, and tax evaders abuse anonymous U.S. shell companies to launder their profits and impede law enforcement investigators, highlighting the need—says Global Financial Integrity (GFI)—for Congress to enact legislation requiring disclosure of the true (human) beneficial owners of corporations, trusts and foundations.
Continue Reading
Heather Lowe: Players: The Role of Facilitators and Super-Fixers
June 25th, 2012
Thank you to the Center for Complex Operations and the State Department for providing me with an opportunity to speak to you here today. I have been asked to present on this particular panel because my organization, Global Financial Integrity, attempts to quantify illicit capital flight leaving developing countries and find ways to curtail that illicit capital flight. Our definition of illicit capital flight is where the movement of money is breaking laws in either the country of original, a country of transit or the destination country. We look at how the international financial system facilitates, and indeed...
Continue Reading

📢 JOIN US! 🗓 June 30th @ 2:20pm-4pm CET for an interactive webinar on bringing human rights frameworks into economi… https://t.co/GLWiEZPMPU
- Tuesday Jun 28 - 5:41pm

Follow @FinTrCo