Dominican Rolling In Some Deep Dirty Money

Dominica is not usually known for or associated with criminality. That is exactly why this new revelation about how expansive money laundering is in the country, is so shocking.

As much as US$1.06 billion or nearly 2% of the country’s Gross Domestic Product is derived from monies laundered by criminals, tax-evaders and so forth each year. According to the anti-laundering expert Alejandro Rebolledo who shared the statistics, the figures have increased significantly over the years from an estimated US$820.0 million in 2008.

Political party financing was highlighted as one of the main vehicles for traffickers.

The inevitable question of course is, where does Dominica fall in the Caribbean (in relation to money laundering?) Is it number 1? Where does Trinidad and Tobago, Antigua, Barbados or Jamaica fall?

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