In the wake of the issue of illegal outflow and parking of huge sums of money in foreign banks by Indians raised by Leader of Opposition LK Advani and other Opposition leaders, comes the latest report by Global Financial Integrity (GFI) that has ranked India fifth among 127 countries in illicit financial outflows. According to the report, the total illicit financial outflow from India was US $27.3 billion per year (during the period 2002-2006).Please also read,
The GFI is a study group operating from Washington and supported by Ford Foundation with an aim to bring ‘financial transparency’ and expose ‘dirty money’ by advocating a curb on tax havens.
मैं और मेरे सच्चे विचार। A honest view of a Proud PIO who follows Sanatan Dharm (Hindu).
कर्मण्येवाधिकारस्ते मा फलेषु कदाचन।
मा कर्मफलहेतुर्भूर्मा ते सङ्गोस्त्वकर्मणि॥
— भगवद्गीता २-४७
karmaṇyevādhikāraste mā phaleṣu kadācana|
mā karmaphalaheturbhūrmā te saṅgostvakarmaṇi||
— bhagavadgītā 2-47
"Your right is to work only, but never to the fruit thereof. Be not instrumental in making your actions bear fruit, nor let your attachment be to inaction."
Sunday, April 26, 2009
Advani correct, India ranks fifth in ‘dirty money’ outflow
India ranks fifth in ‘dirty money’ outflow
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