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Tag: Bribery

  • IMF: Bribery drains up to $2 trillion from world economy

    IMF: Bribery drains up to $2 trillion from world economy

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    Washington (IINA) – Head of the International Monetary Fund (IMF) Christine Lagarde said Wednesday that the amount of money paid worldwide in bribes is between 1.5 trillion and 2 trillion dollars, or about 2 percent of the value of the world’s economic output, DPA reported. Lagarde quoted the figure from recent IMF research in an…