Tag Archive: Money laundering

Oct 02

Italy’s world records -#4

Corruption costs Italy €50-60 billion in terms of GDP loss per year. That’s around €600 billion not spent on services in Italy in the last 10 years, Libera NGO reports. 12% of Italians have been asked for bribes in 2012, with financial outflows around €10 billion decreasing productivity by 6%. The reports bursts into the …

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Permanent link to this article: http://www.opusnet.org/archives/1063

Jul 24

$21 trillion hidden from taxman by global elite

Graphical elaboration by Corriere della Serva

  A sum equal to the US and Japan GDPs flows out of wealthiest Countries to ‘tax havens’, being 81% of world financial wealth in the hands of 0,14% of world’s population A study by Tax Justice, a Network founded by the former McKinsey’s chief economist James Henry, reveals the huge dimensions of money leaks …

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Permanent link to this article: http://www.opusnet.org/archives/577

Jul 19

HSBC to find a settlement

One of the biggest financial scandals (see an old but dedicated database in our Weblist), a criminal probe into laundering of drug-cartel and other money , according to a WSJ note. Again, unsolved questions present their burden on business making and daily life conditions. How regulators perform their tasks, when such enormous mass of money can …

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Permanent link to this article: http://www.opusnet.org/archives/489

Jul 18

Senator Dell’Utri accused of blackmailing Berlusconi over mafia

“Magistrates have launched a formal investigation against an Italian senator on suspicion that he attempted to blackmail his longtime patron, former Prime Minister Silvio Berlusconi, over alleged mafia links, judicial officials said on Wednesday…” (Reuters)

Permanent link to this article: http://www.opusnet.org/archives/469