Reuters
JOHANNESBURG – Almost $6 billion was spirited out of Angola in 2009, according to new data on Wednesday that highlight how much of the war-scarred African nation’s oil wealth is stolen by a corrupt elite.
Calculations provided to Reuters by the Washington-based anti-corruption advocacy group Global Financial Integrity (GFI) suggest funds worth nearly a sixth of Angola’s entire annual budget flowed illicitly out of the country in the last year for which data are available.
[youtube]http://www.youtube.com/watch?v=iNf2tv_aXNQ[/youtube]
Explaining the 2012 Corruption Perceptions Index from Transparency International
In this video, the United Nations Office on Drugs and Crime follows individual Euro bills as they are used illicitly, ultimately showing the annual $870 billion proceeds from criminal networks. The filmed transactions highlight profits by counterfeiting, illicit drug trafficking, human trafficking, and trading illegal arms. The UNODC also captures the impact of this underground economy on human peace and security.
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April 25, 2013
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May 22, 2013
Do you care about stamping out corruption, money laundering and tax dodging? The Financial Transparency ...
May 21, 2013
The Task Force on Financial Integrity & Economic Development
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