News
Illicit trade costs millions
The US-based nonprofit Global Financial Integrity (GFI) measured illicit financial flows – the illegal movement of money or capital from one country to another – and found that as much as $45 billion in trade activity in Cambodia over the period was not accounted for. ...
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/illicit-trade-costs-millions
The Kingdom’s biggest dirty little trade secret
More than $15 billion exited Cambodia in illicit capital flows over the past decade, stripping the economy of money that could have been used for development, a new report showsA staggering amount of money was funnelled out of Cambodia in shady transactions over the past ...
Cam McGrath
http://www.phnompenhpost.com/business/kingdoms-biggest-dirty-little-trade-secret
