(Source: The National Interest)
"Last week, the world was treated to the leak of what has come to be termed as ‘the Panama Papers.’ It was the story of a systematic money laundering service involving public officials and politicians around the world. A few African politicians such as Bukola Saraki and James Ibori, were affected, but these ones had already been indicted in their countries.
Still, the relative sparseness of Africans in the scandal does not mean that our leaders are mostly honest. It only implies that they do not have the means or the anxiety required to hide money through sophisticated channels.
Every region of the world has corrupt politicians. Yet, some countries seem to have developed in spite of corruption while others are practically crippled by it. This point requires layers of historical and social analysis. But from, at least, a postmodern perspective, every country is corrupt: with the difference that developed countries have dealt with the corruption of need, while underdeveloped countries keep blaming the corruption of greed."
Read the full article HERE.