ABS-CBN NEWS: PHILIPPINES IN GLOBAL TOP 10 'DIRTY MONEY' LIST - Total illicit outflows increased by 11 percent from the prior year, Global Financial Integrity, a Washington-based group that campaigns for financial accountability, said in its latest report released on Monday. "Astronomical sums of dirty money continue to flow out of the developing world and into offshore tax havens and developed country banks," said Raymond Baker, director of Global Financial Integrity. All the countries in the top 10, which this year saw India, Nigeria, the PHILIPPINES and Nigeria joins the ranks, face significant problems with CORRUPTION, and in most there are vast gaps between rich and poor citizens as well as internal security problems.
No comments:
Post a Comment