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Tracking the proceeds of crime
Illegal logging costs governments some US $15 billion a year in lost
assets, lost revenues and unpaid taxes. Tens of thousands of people are
involved in felling and transporting illegal timber, but most of the profits
end up in the hands of a few big players, who launder their ill-gotten gains
through the banking system. Research by CIFOR financial analyst Bambang
Setiono has raised awareness about the close links between money laundering
and forest crime. more |