littleroundman
10-15-2012, 07:35 PM
Organised crime worth $870 billion worldwide
INTERNATIONAL organised crime is worth $US870 billion ($A852.36 billion), the head of the UN's office on drugs and crime (UNODC) says.
"We are able to quantify the cost of transnational organised crime, it is $US870 billion," UNODC executive director Yury Fedotov told a crime conference in Vienna.
"But we cannot calculate the misery and suffering caused to millions of people by these illicit activities," he added.
The perpetrators are "smart, sophisticated and largely opportunistic", he said, calling for better international co-operation to tackle highly mobile organised crime groups.
Some 800 ministers and civil society representatives are attending the week-long conference on transnational crime in the Austrian capital.
INTERNATIONAL organised crime is worth $US870 billion ($A852.36 billion), the head of the UN's office on drugs and crime (UNODC) says.
"We are able to quantify the cost of transnational organised crime, it is $US870 billion," UNODC executive director Yury Fedotov told a crime conference in Vienna.
"But we cannot calculate the misery and suffering caused to millions of people by these illicit activities," he added.
The perpetrators are "smart, sophisticated and largely opportunistic", he said, calling for better international co-operation to tackle highly mobile organised crime groups.
Some 800 ministers and civil society representatives are attending the week-long conference on transnational crime in the Austrian capital.