PETALING JAYA: Malaysia’s illicit financial outflow, amounting to a whopping US$33.74bil (RM138.61bil), has placed the country among the highest in the world, Global Financial Integrity (GFI) found.
The Washington think tank’s analysis of illicit financial flows due to trade misinvoicing in 148 developing countries found that both the United Nations (UN) and the International Monetary Fund (IMF) placed Malaysia among the top 30 countries with high illicit outflows.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
