Illicit capital outflow: In 10 years, developing nations lost $5.86 trn

Even as developing countries struggle to bring back illicit money stashed abroad, Global Financial Integrity (GFI) has brought out a startling report. Between 2001 and 2010, developing countries lost $5.86 trillion, owing to tax evasion, crime and corruption, the report said. India recorded an outflow of $123 billion.

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