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Nigeria, originator of the infamous 419 scam even has fraud problems at home:
http://www.bbc.com/news/world-africa-35683354
"You can be young without money but you can't be old without money"
Maggie the Cat from "Cat on a Hot Tin Roof." by Tennessee Williams
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03-01-2016, 08:01 AM
(Edited 03-01-2016, 08:37 AM by LONDONER.)
Insertnamehere Wrote:Corruption in various and more subtle forms is unavoidable in any country.
Yeah, but 24,000 costing the State $8,000,000 a month?! And that's just one aspect of the corruption in Nigeria. And Nigeria doesn't even make it to the top ten most corrupt countries in Africa:
http://answersafrica.com/corrupt-countries-africa.html
So imagine what the countries of Africa are losing every year just to line the pockets of a very few.
"You can be young without money but you can't be old without money"
Maggie the Cat from "Cat on a Hot Tin Roof." by Tennessee Williams
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Insertnamehere Wrote:That's what's on paper. I'd say the money that goes below the radar is more and not limited to African countries.
No, of course it isn't but it does seem that most African countries are rife with corruption and they are the countries that can least afford it.
http://www.fool.com/investing/general/20...world.aspx
Most people know that even the Vatican State is not free of the plague.
http://www.worldfinance.com/banking/a-hi...tican-bank
"You can be young without money but you can't be old without money"
Maggie the Cat from "Cat on a Hot Tin Roof." by Tennessee Williams
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