Illicit Capital Flows in India

in Business Risk

According to the organization Global Financial Integrity, between 1948 and 2008, India has lost up to $462 Billion to illegal financial transactions such as corruption, tax evasion, money laundering and other crimes.

(More crime in India statistics.)

Source: “India lost $462bn in illegal capital flows, says report,” BBC, November 18, 2010.

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