The Candid Eye

May 30, 2009

GFI Lead Economist to visit India

Filed under: Corruption — thecandideye @ 3:00 AM
Tags: , , , , ,

Global Financial Integrity’s (GFI) lead economist, Dev Kar will be visiting India to hold high level meetings and interviews about ‘Illicit Financial Flows’ from India .

 Dev Kar, Lead Economist for Global Financial Integrity (GFI) and author of the highly-publicized GFI report “Illicit Financial Flows from Developing Countries: 2002-2006,” will be visit Mumbai, Pune, Jamshedpur, Calcutta, and Delhi over the course of a three-week tour of India starting Monday, June 1st. 

Mr. Kar will be talking about his work on illicit financial flows including measuring quantity and patterns of illicit outflows from developing countries and tracking illicit flight capital once it leaves its country of origin. 

Mr. Kar will also be discussing the impact of illicit capital flight on developing economies, U.S. and international initiatives to increase transparency within the global financial system, and what individual nations, such as India, may do to curtail yearly outflows of “black money’ that cumulatively drain as much as $1 trillion a year out of the developing world-$27 billion from India alone.

Mr. Kar will be available for one-on-one meetings and television and radio appearances upon request.  Journalists, television and radio producers, academics, and government officials are encouraged to take advantage of Mr. Kar’s trip to India to learn first-hand about the problem of illicit financial flows and what is being done within the U.S. and on the global stage to combat them. 

June 1-7: Mumbai

June 8-10: Pune

June 11-13: Mumbai

June 14-19: Calcutta

June 19-20: Jamshedpur

June 20-23: Calcutta

June 23-25: Delhi

To schedule a meeting with Mr. Kar please contact Monique Perry Danziger, Communications Director at +1-202-293-0740 or at  You may also contact Mr. Kar directly at +011-91-703-447-0160 or at

See also the official statement by Global Financial Integrity on Illicit Capital Flight from India.

Create a free website or blog at