Malaysia was estimated to have lost over US$48.93 billion (RM170.7 billion) in illicit outflows in 2012, making it a cumulative US$394.87 billion during a 10-year period between 2003 through 2012. Raymond Baker shares why emerging countries like Malaysia are still susceptible to such leakages and what are the reforms to stem them.

<p>Malaysia was estimated to have lost over US$48.93 billion (RM170.7 billion) in illicit outflows in 2012, making it a cumulative US$394.87 billion during a 10-year period between 2003 through 2012. Raymond Baker shares why emerging countries like Malaysia are still susceptible to such leakages and what are the reforms to stem them.</p>

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