News stories by Zera Zuryana Idris
Mounting Illicit Financial Outflows from South
- Inter Press Service

KUALA LUMPUR, Oct 31 (IPS) - Although quite selective, targeted, edited and carefully managed, last year's Panama Papers highlighted some problems associated with illicit financial flows, such as tax evasion and avoidance. The latest Global Financial Integrity (GFI) report shows that illicit financial outflows (IFFs) from developing countries, already at alarming levels, continue to grow rapidly.

