Around US$1.06 billion illegal money is laundered yearly in the Dominican Republic, or nearly 2% of the Gross Domestic Product and comes from corruption, tax evasion and the underworld.
The figures from the Inter-American Convention Against Corruption held in New York in 2010 were disclosed yesterday by expert anti-laundering Alejandro Rebolledo, who said the statistics increased from the estimated US$820.0 million in 2008.
He said the Dominican electoral authorities should identify the origin of the money used in the political campaigns, and warned that the elections period could be used by drug trafficking.
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