Around US$3 billion came into the country through similar channels. A spokesperson for Global Financial Integrity said that the problem was probably accentuated because of the country status as a major offshore center.
Zhivargo Laing, the minister of finance of the Bahamas announced that significant measures to fight the problem will be rolled out in 2011. t is a big problem, no doubt about that, he said. here are some commercial entities we understand that have set up entire operations in Florida, that produce these false invoices... maybe even dummy companies [and] they buy their stuff from their dummy companies at a price that is significantly lower than they paid.
