Tuesday, January 18, 2011

$104 billion black money taken out of country

India with a total illegal capital flight of $104 billion during 2000-08 ranked fifth in Asia with the largest portion of global outflows at almost a half-trillion dollars in 2008 alone, reveals a new report. Across the nine years from 2000 to 2008, the five Asian countries with the largest total illegal capital flight were: 

China ($2.2 trillion); Malaysia ($291 billion); Philippines ($109 billion); and Indonesia and India - both $104 billion.

more at hindustantimes 

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