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Tuesday, March 22, 2016

'Those who steal must be punished & made to pay for what they do' - Okonjo-Iweala


Former Minister of Finance, Ngozi Okonjo-Iweala, says the fight against corruption should entail punishing those who have been found guilty of stealing and then also making sure they pay for the crime they committed. She said this while speaking at the Africa CEO forum holding in Cote d'Ivoire yesterday March 21st


“We have to fight corruption in two ways; one is by punishing those who steal, and making sure they pay for what they do. But we also must plug all the holes by building institutions and systems that prevent corruption in the first place. If you have a financial system for running your financial accounts that is not computerized, that is not technologically based, you’re still transferring cash, as we were doing in my country up until 2003, 2004, then you’re opening up the place to a lot of people leaking”she said

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