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Menampilkan postingan yang diurutkan menurut relevansi untuk kueri kleptocracy. Urutkan menurut tanggal Tampilkan semua postingan
Menampilkan postingan yang diurutkan menurut relevansi untuk kueri kleptocracy. Urutkan menurut tanggal Tampilkan semua postingan

Kleptocracy in Angola

In the Economist:
Since ending a 27-year civil war in 2002, Angola has become one of sub-Saharan Africa’s richest countries. Angolan mines are the fifth-largest source of diamonds worldwide. Its oil wells already produce 1.9m barrels a day; on present trends, it could overtake Nigeria to become Africa’s largest producer. It has huge agricultural potential. Roads and railways that were destroyed during the fighting have been rebuilt. New schools and hospitals have sprung up.
But Angola is also one of the world’s most unequal countries. (Its Gini coefficient—a measure of income distribution in which zero indicates perfect equality—is 0.55). Most of the benefits of the resource boom have gone to a fairly small elite that lives in an African version of St Tropez, with ritzy beach clubs inside walled enclaves. A crop of skyscrapers encircles a harbour decorated with sleek motorboats and a Ferretti yacht costing $5.5m.
More here
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"Nigeria is about oil and nothing but oil"

Sokari Ekine writing in Pambazuka:
...I believe the majority of the country is behind not just the strikes but the Occupy Nigeria movement which seeks to seriously challenge the status quo and once and for all end the rule by kleptocracy. However there are other small but extremely powerful interest groups working for and against the government: Boko Haram and whoever is behind them; Jonathan and possibly some of the ex-Niger Delta militants; Senators and Governors who fear loss of their power and wealth; the trade union movement particularly the oil workers - how trustworthy are they? – the independent oil marketers or cabal. And of course there is the religious factor, the cozy relationship between an all-powerful state and a powerful highly influential set of religious institutions. Nigeria is about oil and nothing but oil...
more here

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The War against Kleptocracy: The Stolen Assets Recovery Program

The NYTimes reports on the Stolen Assets Recovery Program(pdf):

The World Bank and the United Nations announced Monday that they were setting up a system to help developing nations recover assets stolen and sent abroad by corrupt leaders that amount to an estimated $40 billion a year.
“There should be no safe haven for those who steal from the poor,” Robert B. Zoellick, the bank’s president, said in presenting the plan with Secretary General Ban Ki-moon...The problem of stolen assets is most acute in Africa, where an estimated 25 percent of the gross national product of states is lost to corruption, he said.
The new system will work to build the capacity of developing countries to track stolen money going overseas and to emphasize ways that financial centers can better detect and deter money laundering...Ngozi Okonjo-Iweala, the former finance minister of Nigeria, who oversaw the return of $505 million to her country from Switzerland, said the new plan would help countries like hers by denying corrupt officials a foreign place to hide the money.“It means that people who are corrupt will know that any money sent out will be sent back to the countries from which they came,” she said.

This is a subject that Dr Iweala addressed in her TED Talk earlier this year at Monterey.

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