Illicit Financial Flows: The Most Damaging Economic Condition Facing the Developing World Global Financial Integrity MONEY LAUNDERING, CAPITAL FLIGHT, CORRUPTION, ILLICIT WEALTH This report reflects on the most damaging economic condition facing the developing world. The countries are being affected by Illegal flight capital, flight capital, money laundering.Money laundering refers to a process, and laundered money narrowly refers to funds that violate a nation’s anti-money laundering laws. Wasington DC Global Financial Integrity 2015 2015 Text 192p. iffoadatabase.trustafrica.org/iff/ford-book-final.pdf