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The Economic Times
The Economic Times
National

$4.4 trillion black money: Everyone in the world can get a laptop

Chief Justice of India Surya Kant’s made a stark comparison: if global estimates on money laundering are even roughly right, the money laundered in a single year could buy a modest laptop for every one of the eight billion people on the planet, and still leave some change.

The remark, made at the 43rd International Symposium on Economic Crime in London, puts into perspective the sheer scale of the illicit economy at a time when dirty money flows are growing faster than the global economy.

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