Ok

By continuing your visit to this site, you accept the use of cookies. These ensure the smooth running of our services. Learn more.

09/22/2007

World Bank v. tax havens

The World Bank and the United Nations announced a couple of days ago that they were setting up a system to help developing nations recover assets stolen and sent abroad by corrupt leaders that amount to an estimated $40 billion a year.

The overall cross-border flow of global proceeds from criminal activities, corruption and tax evasion is assessed $1 trillion to $1.6 trillion annually.


Know more

The comments are closed.