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There is corruption in every part of the world and society but let see why corruption is destroying African countries economy and majority of its people are poor. Below it will illustrate some cases of corruption in Africa Continent. James Ibory was jailed in UK for 13 years for fraud totalling nearly million, money that belong to Nigerian people. How did he managed to steal so much money and took millions of dollars out of Nigeria. James Ibory came to Britain in 1980s and worked as cashier at Wiches DIY store in Ruislip North west London.
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However, Ibory was convicted in 1991 of stealing from the store but then returned to Nigeria and began his master plan to get to the top of the People's Democratic Party (PDP) association. He ran central Bank of Delta state in his home like show in images below, it was estimated that he stolen about $450 million. He spent $176,000 a month on his credit cards and ran up a $25,000 bill for a two-day stay at the Lanesborough hotel in London.
Ibory shouldn't be illegible to be a governor because of his criminal record in Britain but he managed to conceal his UK criminal record, which would have excluded him from office in Nigeria by changed his ages. How come a man who had an official salary of $6,000 a year buys a house in Hampstead in one most expensive area in London worth $3.4 million? Government in US (united state of America) is trying to recover assets worth more $70 million from Teodore Obiang Mangue Jr. Teodore Jr, whose salary as Equatorial Guinea's agriculture and forestry minister was 3,200 a month, owned two Bugatti Veyrons, the most expensive and fastest street car in the world, costing about 1m a piece. However, the majority people of Equatorial Guinea lives below the poverty line, despite the country's vast oil revenues.
France authority has seized 11 luxury cars belonging to Mr Obiang that include a Maserati, a Porsche Carrera, an Aston Martin and a Mercedes Maybach. The case was brought in French court by NGOs against African leaders who are misusing the fund of their countries for their own interest. In USA was include a .5m Gulfstream V private jet, a m mansion in Malibu, California, and
France authority has seized 11 luxury cars belonging to Mr Obiang that include a Maserati, a Porsche Carrera, an Aston Martin and a Mercedes Maybach. The case was brought in French court by NGOs against African leaders who are misusing the fund of their countries for their own interest. In USA was include a $38.5m Gulfstream V private jet, a $30m mansion in Malibu, California, and $1.8m of Michael Jackson memorabilia(a white crystal covered glove and a crystal covered pair of socks). Sassou Nguesso owns 16 of most luxurious houses and flats in the French Capital and his country received $ 183 million from Britain to help his people. According to anti-corruption groups transparency International and Sherpa that Denis Sassou Nguesso is one of African politicians said to have built immense overseas property empires using public funds including the income of foreign aid from their countries treasuries.
.8m of Michael Jackson memorabilia(a white crystal covered glove and a crystal covered pair of socks). Sassou Nguesso owns 16 of most luxurious houses and flats in the French Capital and his country received $ 183 million from Britain to help his people. According to anti-corruption groups transparency International and Sherpa that Denis Sassou Nguesso is one of African politicians said to have built immense overseas property empires using public funds including the income of foreign aid from their countries treasuries.Одиссей игровые автоматы Онлайн казино
The Sassou N'Guesso families have 24 properties in France in their own name, 112 bank accounts and various sports cars. Meanwhile, NGOs states that 70 percent of Congo-Brazzaville people live on less than $1 a day. According to Global Witness reported that one month of personal expenditure spending by , the President son could have paid for vaccinations against measles for 80,000 Congolese babies.
Denis NGuesso has more love about his appearance and his suits then to help economy of his country or to improve the poverty of his people. The French anti-money laundering authority, which declares that in April 2010, he ordered 91 suits from Pape for 276,000. A month earlier, in March 2010, he had bought 48 shirts for 24,000.
In one year, in the 12 months from November 2009, Sassou N'Guesso spent more than 652,000 on clothes there. According to the investigative journalists Hofnung and Harel.
President Nguesso gave in an interview with RFI in defence of himself and the others without a shame of stealing from his people. This what he said: "Why are we the only ones accused when other African heads of state and world leaders also own properties in France? I therefore consider the accusation discriminatory. "And by the way you don't mean that having been head of state for so many years it is not possible for me or any of the others to be able to raise money to buy the properties?
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" He's out of touch with reality and his people, that why every corrupted leaders or dictators end up be overthrow from power. The problem is where his money coming from that he can afford to buy luxury properties in Europe, as a head of state he should be thinking how to improve the basics condition of his people in Congo and not using the money of country to live like a Sheikh or King in Europe. Africa's second longest serving president, who is often accused of running his government as if it is his personal investment holding company. It seems that there is nothing of value in Angola that is not directly or indirectly owned by the Dos Santos family and it proven below. How she managed to accumulate such massive fortune? On April 2, 1997, Isabel dos Santos, in partnership with her mother Tatiana Cergueevna Regan, set up the company TAIS(Trans Africa Investment Services) Limited, in Gibraltar. She held 75 percent of the shares and her mother the remaining shares. In turn, on October 11, 1999, the Angolan government, headed by her father, announced an agreement with her company(TAIS), the Goldberg Group and Leviev Wellox, to establish a diamond trading joint-venture, Angola Selling Corporation (Ascorp), (Council of Ministers, 2038-9; on the 5th of October 2004, Isabel dos Santos transferred all of her shares into her mother's name and, by this time, TAIS had changed its name to Iaxonh).
Isabel Dos Santos in Italian court against news paper La stampa, she lies under oath she said, "I am the daughter of President Jos Eduardo dos Santos and I do not manage any assets, much less a financial 'empire' belonging to the President, an "empire" which simply does not exist". But evidences below show otherwise Despite, all mineral resources of the country but the majority of Angolans lives in miserable deficiency and below poverty line.