2
How Big is
Money Laundering?
n“The biggest industry on the planet”?
•“Bigger than arms”?
•“Bigger than oil”?
n“3-5% 0f Global GDP”?
n“Potential to destabilise governments”?
n“Undermine financial markets”?
n“Links to corruption and destruction of tax base”?
Is this really true?
John Broome, former head
of the Australian National Crime Authority, Sept 2002