Fourth
The Global Illicit Financial Flows Report 2004-13 is released by Global Financial Integrity (GFI), a research and advisory group based in Washington. The report ranked India as the fourth- biggest source of black money. According to the report, China tops the list for 2004-2013, with $139 billion average illicit financial flow per annum, followed by Russia ($104 billion per annum) and Mexico ($52.8 billion per annum).