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  • World Banks:Illegal logging generates between $ 10 & 15 bln a yr

    Published on March 21, 2012

    US : A new report from the World Bank says, illegal logging generates between 10 and 15 billion dollars globally each year.

    It says, part of the money goes to organised criminal gangs and to bribe corrupt officials in regions including south-east Asia, west Africa and South Amereica.

    The illegal logging hurts local people and wildlife living in forests.

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