Corruption costs poor countries $1trillion a year: NGO

PARIS, Sept 3 – Corruption, fraud and money-laundering cost poor countries a total of $1.0 trillion a year, the anti-poverty organisation ONE said in a study released on Wednesday. The group, founded by U2 rock group singer Bono, said the misuse of funds resulted in $38-64 billion a year in uncollected taxes alone. This in […]

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