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Flow of illicit money from Central America expands

Tuesday, December 15, 2015


The Global Financial Integrity report says that between 2004 and 2013 the flows of money from Costa Rica from laundering and other illicit sources increased by 10% compared to the period 2003-2012, but Panama has dropped in the bad list ranking.

The report shows that during the 10 years in question, the flow of illicit money from Costa Rica exceeded $11 billion.  Costa Rica is located at position 15 in the world, surpassed in Latin America  only by Mexico and Brazil. In relation to population or GDP, Costa Rica is a world leader in flows of illicit money.



Source: Newsroom Panama