Showing posts with label Corruption. Show all posts
Showing posts with label Corruption. Show all posts

Friday, April 8, 2016

Panama Papers, Zuma and the DNA of Corruption by Reuben Abati

Jacob Zuma, South Africa President
Where corruption is involved, African leaders seem to be utterly beyond shock.  Blacks folks in office often regard as normal business, the kind of infractions that draw alarm and apologetic resignations in other parts of the world.  This is not meant to be a racist comment, but it is curious that the African sense of shock is mediated so often and so conveniently by other considerations, including politics, ethnicity, religion, and a certain lack of a feeling of shame: that measure of restraint that defines the idea of being human.
       Two major scandals in the international arena in the last week would seem to prove the point. The first is the leakage of troves of documents, now known as the Panama Papers, revealing how the rich including world leaders, celebrities, public officials and business men, have over the years hidden away their wealth in tax havens with the help of a Panama-based law firm, Mossack Fonseca. While the consultants and the persons and companies involved have alleged that there is really nothing illegal in what they may have done, to the extent that tax avoidance is not a crime (it is the evasion that is a crime, although this looks like a matter of definition), there have been indications of money laundering and corrupt dealings involving public officials. The unfolding scandal has already resulted in the resignation of the Prime Minister of Iceland, and of an Austrian bank Chief, Michael Grahammer. Russian President Vladimir Putin also has questions to answer.

Friday, June 27, 2014

Abacha loot: TI reacts to withdrawal of case

Sani Abacha
An anti-corruption group, Transparency International, has faulted the decision of the Federal Government to drop corruption charges against Mohammed Abacha, son of the late military Head of State, Gen. Sani Abacha.

TI expressed this dissatisfaction in a statement by its Regional Director for sub-Saharan Africa, Chantal Uwimana, on Thursday.

The Federal Government had charged Mohammed Abacha for helping his father to steal and launder about N446.3bn allegedly stolen from the government’s coffers between 1995 and 1998.

But Adoke, acting on behalf of the Federal Government last Wednesday, asked Justice Mamman Kolo of the High Court of the Federal Capital Territory, Abuja, to strike out the charges on the grounds of “fresh facts” that just emerged concerning the case.