NewsWhore
02-24-2012, 01:30 PM
Money laundering totals 2% per annum of the GDP in the Dominican Republic, according to figures from the Inter-American Convention against Corruption.
The money from corruption, tax evasion and violent criminal activity in the country totaled US$1.6 billion per year, according to figures from the Convention held in 2010 in New York, Hoy newspaper reported on Wednesday February 22.
The statistics show an increase compared to 2008, when the illegal money flow to the country was estimated at US$820 million per year, according to a lecture by Alejandro Rebolledo, an expert on money laundering prevention.
At global level figures, money laundering generated by drug trafficking and other crimes are from three to five trillion US$ per year, representing about seven percent of global GDP.
Rebolledo advised the electoral authorities to be concerned about identifying the origin of resources used to fund political campaigns, after warning that drug traffickers could use the election period.
Rebolledo's lecture is part of the preparations for the 2nd International Anti Money Laundering and Fight against the Financing of Terrorism to be held on July 5-6 in the Dominican Republic with the participation of experts seeking to create a national network of action against this criminal activity.
www.plenglish.com/index.php?option=com_content&task=view&id=480693&Itemid=1 (http://www.plenglish.com/index.php?option=com_content&task=view&id=480693&Itemid=1)
More... (http://www.dr1.com/index.html#8)
The money from corruption, tax evasion and violent criminal activity in the country totaled US$1.6 billion per year, according to figures from the Convention held in 2010 in New York, Hoy newspaper reported on Wednesday February 22.
The statistics show an increase compared to 2008, when the illegal money flow to the country was estimated at US$820 million per year, according to a lecture by Alejandro Rebolledo, an expert on money laundering prevention.
At global level figures, money laundering generated by drug trafficking and other crimes are from three to five trillion US$ per year, representing about seven percent of global GDP.
Rebolledo advised the electoral authorities to be concerned about identifying the origin of resources used to fund political campaigns, after warning that drug traffickers could use the election period.
Rebolledo's lecture is part of the preparations for the 2nd International Anti Money Laundering and Fight against the Financing of Terrorism to be held on July 5-6 in the Dominican Republic with the participation of experts seeking to create a national network of action against this criminal activity.
www.plenglish.com/index.php?option=com_content&task=view&id=480693&Itemid=1 (http://www.plenglish.com/index.php?option=com_content&task=view&id=480693&Itemid=1)
More... (http://www.dr1.com/index.html#8)