April 15, 2011
Just Business Interview Series, Global Ethics Forum
Carnegie Council for Ethics in International Affairs
How does capital flight work and how big a problem is it? Krishen Mehta of Global Financial Integrity (GFI) explains that in total, developing countries lose close to $1 trillion every year, of which 65 percent is related to commercial tax evasion.
Krishen Mehta is a co-chair of the Advisory Board of Global Financial Integrity. He worked for PricewaterhouseCoopers for almost 30 years and retired in 2008.
Mr. Mehta spoke with Julia Taylor Kennedy of the Carnegie Council for Ethics in International Affairs about this topic as part of their Just Business interview series.
To listen to the interview, click here.
To read the full transcript of the interview, click here.