Nigeria among the Top 10 Countries with Illicit Financial Outflows

Started by MyInfoStride, Dec 18, 2012, 11:56 AM

MyInfoStride

According to the report released by the Global Financial Integrity (GFI), Nigeria is ranked 7th position in the world among the developing countries that launder  money illegally in the western countries. Read the snapshot of the top 10 countries below:

Top 10 countries with the highest measured cumulative illicit financial outflows between 2001 and 2010 were:
•   China: US$2.74 trillion
•   Mexico: US$476 billion
•   Malaysia: US$285 billon
•   Saudi Arabia: US$210 billion
•   Russia: US$152 billion
•   Philippines: US$138 billion
•   Nigeria: US$129 billion
•   India: US$123 billion
•   Indonesia: US$109 billion
•   United Arab Emirates: US$107 billion

Source: Global Financial Integrity - Reports - Illicit Financial Flows from Developing Countries Over the Decade Ending 2009 - Overview

Nifemi Donald

we should all expect that before.that is how bad Nigeria is

Glory Skales Charity