Comment Pieces

Stolen state assets: World Bank report details daunting obstacles to recovery

Posted on July 25, 2011

Crime, corruption, and tax evasion by the global elite cost between $1 trillion and $1.6 trillion and hit poor countries especially hard, says the study, “ Barriers to Asset Recovery, A World Bank and UNODC report .” Yet in the past 15 years, only $5 billion in stolen assets have been repatriated

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