Iran Tops World For Money Laundering And Terror Finance (with graphic of countries)

[TomSea]

Iran Tops World For Money Laundering And Terror Finance
September 14, 2017 Arab News 0 Comment Afghanistan, Banking, Corruption, Economics, Iran, Pakistan, Saudi Arabia, Sri Lanka, Terrorism

By Arab News

By Ghazanfar Ali Khan

Iran has topped the world league table for money laundering and terror financing for the third consecutive year.

It was followed by Afghanistan, Guinea-Bissau, Tajikistan and Laos in the annual rankings compiled by the Basel Institute on Governance, an independent anti-corruption group based in Switzerland. The three lowest ranked countries were Finland, Lithuania and Estonia.

In the list of 146 countries, Saudi Arabia ranked 93rd, which gives the Kingdom’s banking system a superior rating to that of Turkey in 43rd, Pakistan in 46th, China in 51st, Russia in 64th and India in 88th, and only marginally behind Japan in 98th.

Continued: http://www.eurasiareview.com/14092017-iran-tops-world-for-money-laundering-and-terror-finance/

[TomSea]

I'm not sure who has the authority to make such judgements, a bit of an odd table of countries, a lot of African countries in that top 20. I can see the money laundering.  The Basel Institute of Governing put it together. I'd like to know more. It's pretty meaningless otherwise.

[TomSea]

For the record, looking up Basel Institute of Governance does bring up a lot of ordinary articles:

https://tribune.com.pk/story/1502218/doing-the-laundry/

http://www.india.com/news/agencies/pak-among-top-50-countries-with-high-terror-financing-risks-2455931/

http://www.thedailystar.net/business/bangladesh-goes-28-notches-1452154

http://nation.com.pk/national/09-Sep-2017/pakistan-india-in-list-of-countries-with-terror-financing-risks

Etc.