19 Dec 2011
WHITE PAPER ON BLACK MONEY !
How much money has flowed out illegally from the developing countries over the last 10 years ?
DNA [ 16, Dec. 2011 ] sourced following figures from a report titled, “ Illegal financial flows from developing countries over the decade ending 2009 “, published by Global Financial Integrity – GFI :
Country $ Billion
- China…………………………………………..2,740
- Mexico…………………………………………….504
- Russia……………………………………………..501
- Saudi Arabia……………………………………380
- Malaysia………………………………………..350
- UAE………………………………………………….296
- Kuwait……………………………………………..271
- Nigeria………………………………………….. 182
- Venezuela…………………………………….. 179
- Qatar……………………………………………… 175
- Poland…………………………………………….. 162
- Indonesia………………………………………… 145
- Philippines……………………………………. 142
- Kazakhstan………………………………….. 131
- India……………………………………………….. 128
Poor people of India are telling Finance Minister ,Pranabda :
“ Sir, we don’t need your white paper. We need our black money back”
With regards
HEMEN PAREKH
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