Money laundering in Romania

Official statistics say that the laundered money accounts for about 20% of the GDP. Rumours say that the figure is at the 35-37% level, confirmed somehow by other objective sources calculations (including the Romanian Security Service - SRI) of a figure higher than 30%. I tend to believe the latter one since for the last 14 years or so the official stats have proved to be unreliable.

What is even more interesting, officials claim that there are 1806 people suspected of washing the money out of which 711 are Romanian citizens. Conclusion: "foreigners are more zealous in such illegal activities." It is just ridiculous. My guess is that this is just the tip of the iceberg, giving the false impressions that authorities are on top of the situation. One tip: check out the football industry where the players are paid right after the game with cash from the bags. Or in the cases of players transfers the big difference between the declared figures and the real ones.

Read the whole thing from here if you don't have something better to do.

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