The Anti-Money Laundering Office (Amlo) has dismissed a report by a financial watchdog that says Thailand is among countries with massive illicit outflows of money.
Global Financial Integrity (GFI), a Washington-based group that campaigns for financial accountability, has ranked Thailand as 13th among countries with illicit outflows of dirty money from crime, corruption and tax evasion.
The report said US$64.2 billion or about 2 trillion baht in dirty money has been siphoned out of the country. It quotes private sector sources, but does not say how it arrived at the figure.
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