Bribery leads to credit crunch.docx

Bribery leads to credit crunch.docx - Bribery leads to...

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Bribery leads to credit crunch…. It is worth noting that while other nations such as Liberia have registered massive improvement in addressing corruption, it still remains a big problem in nations such as Kenya, Nigeria, Zimbabwe and Uganda. It has not spared even newly independent but impoverished nations such as South Sudan that sees most of its revenues siphoned off by government officials leading to deficits in budgets. In Kenya for instance, the national police service, judiciary and the lands ministry are consistently ranked as the most corrupt institutions in the nation. It’s not surprising that some of the officials who have been prosecuted for the corrupt practices in these nations come from these institutions. Zimbabwe under the despot President Robert Mugabe has not been spared either as it has experienced the highest ever inflation recorded in the history of mankind due to the pilferage of public resources by the president’s cronies and war veterans.
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  • Spring '16
  • Political corruption, Robert Mugabe

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