$1.163 Billion Illegally Moved From Armenia In 2011

$1.163 BILLION ILLEGALLY MOVED FROM ARMENIA IN 2011

Vestnik Kavkaza, Russia
Jan 9 2014

9 January 2014 – 9:51am

According to Global Financial Integrity, $1.163 billion, about 49.4% of
the budget, were illegally moved from Armenia in 2011, Tert.am reports.

The organization said that about $6.2 billion had been moved from
Armenia in the past 10 years, about $623 million every year. Armenia is
on the 71st position among 144 states in the list of Global Financial
Integrity.

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