Organized Crime Worth $870 Billion Worldwide

By Dialogo
October 17, 2012

It is important that in the assessment of the Executive Director of the UNODC it is added the damage to the environment caused by criminals of drug trafficking with supplies such as precursors and other chemicals to process drugs. In addition, also calculate the costs for damage to the environment caused by chemicals utilized by the authorities to destroy the crops, and the costs in human lives to combat, control and penalize the criminals of drug trafficking, together with the costs involved to assist in prevention and care to consumers. All of this surely exceeds the amount of two billion dollars. This is the result in the world without the fear of God. International organized crime is worth $870 billion, the head of the UN’s Office on Drugs and Crime (UNODC) said on October 15, urging greater coordination in fighting it.

“We are able to quantify the cost of transnational organized crime,” 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 cooperation to tackle highly mobile organized crime groups.

Some 800 ministers and civil society representatives are attending the week-long conference on transnational crime in the Austrian capital.



Share