September 2020 - Global Financial Integrity

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Archive for September, 2020

GFI Research Cited In High-Profile Money Laundering Case Against Rifaat al-Assad

September 2, 2020

By Helene Church GFI’s 2011 annual report titled “Illicit Financial Flows from Developing Countries: 2000–2009” served as evidence in the prosecution of Rifaat al-Assad, brother of the former Syrian president, Hafez al-Assad, and uncle of current president...

Stopping Illicit Financial Flows Across Borders: The Case of Trade Misinvoicing

By Lionel Bassega, September 1, 2020

Trade misinvoicing is a persistent and significant feature of international trade transactions. It is a primary means of illicitly shifting funds in and out of a country. It occurs when importers and exporters deliberately falsify the prices,...