March 4, 2020
A lack of trade integrity results in potentially massive revenue losses – all at a time when most countries are struggling to mobilize domestic resources for development Global Financial Integrity (GFI) recently released its newest report, “Trade-Related...
NEW REPORT DETAILS SERIOUS DISCREPANCIES AND INDICATIONS OF ILLICIT ACTIVITY IN INTERNATIONAL TRADE – Global Financial Integrity finds gap of US$8.7 trillion in reported trade between developing and advanced economies over ten years; states trade misinvoicing...
Synthèse en français Resumen Ejecutivo en Español This report examines the latest official government trade data reported to the United Nations to estimate the magnitude of trade misinvoicing – one of the largest components of measurable illicit...
Global Financial Integrity (GFI) & Cedetrabajo presentan su nuevo informe, ‘Flujos financieros ilícitos y Colombia‘, con aportes del Economist Intelligence Unit. El informe examina los principales flujos financieros ilícitos en Colombia como el comercio fraudulento, el contrabando...
By Maureen Heydt, October 21, 2019
Twenty-five luxury vehicles worth over US$27 million. Gilded toilets in a secret forest compound. Three lions in a private zoo. A US$200,000 wedding dress for a cabinet minister’s daughter. The bounty of kleptocracy can take many, sometimes...
By Daniel Neale, October 7, 2019
Governments around the world are increasingly turning to free trade zones (FTZs) as a means of promoting economic growth and investment: Ghana recently signed an agreement with Iran to bolster cooperation between their free zones, while the...
In collaboration with the Economist Intelligence Unit and Cedetrabajo, GFI presents its latest report, ‘Illicit Financial Flows & Colombia.’ The report examines illicit financial flows such as gold smuggling, drug trafficking, trade fraud and grand corruption, and...
August 29, 2019
by Ben Iorio In November 2018, Global Financial Integrity published an analysis of South Africa’s potential revenue losses associated with trade misinvoicing, finding losses of approximately US$37 billion in revenue, or on average $7.4 billion between 2010-2014....