Clipmarks
gingembrefollowshare
6-6-2007 9:34 PM461 views
gingembre says:
President Mwanawasa's administration is promoting private sector development for third world countries, but needs help to stop corrupt leaders from stealing the aid and other monies needed for development.

This is something that has frustrated me for a long time. So much money has been given to aid African countries, with the goal of delivering food, water, healthcare and education to the people and hopefully help them become self-sufficient, yet time and again corrupt "leaders" steal the money. When I read this news article today I was relieved to learn that ethical leaders in Africa are also frustrated by the corruption, and that they are trying to find ways to thwart it. Hopefully the G8 have the ethics needed to heed the plea and do the right thing.
1 Comment   | Add a Comment
6-6-2007 11:00 PM
pokkets
What can be significant is where the African Leaders put the money, and what they buy with it. They hide the money in western institutions, and buy western products. The purchase of weaponry. The gun trade is as hard or more difficult to police than the drug trade. Can the payments be made in kind. When food is surplus in any market, it can be delivered directly to the people. Switzerland allows a particular degree of anonymity due to the neutrality. The Nazis used this to their advantage. As economics structures have become more elaborate and due to net globalization, There are more opportunities to make large amounts of money disappear. There should be concern about a cloak for criminal ...
Login to Comment.  Not a member yet? Sign up





Embed This Clip In Your Site...


OK