Washington: India in a decade of illegal funds totaling 439.59 billion went into another country. With this amount, China, Russia and the illegal money Maksikon exporting country has become the world's fourth largest. This fact has resulted in a thesis. Research and consulting organization Global Financial Integrity Washington (Jifai) released on Tuesday, according to the latest Aankhde, India in 2012 was 94.76 billion went out illegal money. 2012 is the last Aankhda organization. Organization illicit financial flows from developing countries 2003-2012 report released on Tuesday said a record 991.2 billion dollars in 2012 from developing and emerging economies went out illegal money. 297.4 billion in 2003, it was just total flux. According to the report, between 2003 and 2012, these countries have gone out of total 6,600 billion illicit funds. According to the report, the export prices to accommodate illegal wealth is growing at an annual rate of 9.4 percent, which is double than the global growth rate.
Jifai Chairman Raymond Baker said, illicit financial flows to developing countries is the most damaging economic problem. He said, the illegal flow of money to these countries is more than the total amount of FDI and ODA. Jifai dev chief economist, said, these facts show that the policy makers is how to stop the flow of illegal money should seriously try.
During the decade of illegal funds are the largest five exporting countries
China (1,250 billion), Russia (973.86 billion), Mexico (514.26 billion), India (439.59 billion) and Malaysia (394.87 billion).
In such countries for the year 2012 are the five most Bhde
China (249.57 billion), Russia (122.86 billion), India (94.76 billion), Mexico (59.66 billion) and Malaysia (48.93 billion dollars).
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