The mysterious Istituto per le Opere di Religione responds to anti-money-laundering

Discussion in 'Economy & Infrastructure' started by Ray, Jan 26, 2011.

  1. Ray

    Ray The Chairman Defence Professionals Moderator

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    It is very shocking to learn of this.

    So, money laundering is an acceptable norm even in most unexpected places.

    With so much of unaccounted money all over the world, including India, where the Govt is fighting shy to reveal the names, and with the black money laundering banks of Europe hiding behind dubious laws, this money can turn the world upside down.

    Any economist amongst us who can explain the ramifications in economic and political terms as to how it affects countries?
     
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