If
you owned a bank, will you loan money to an entity that you know does
not really need the money and is neck deep in fraud? No!
Unless, there are 'strings attached' and you are really not loaning out any funds but merely signing documents to ensure that whilst the entity’s descendants are perpetually indebted, the entire team 'packaging' the 'loan' scam, privately rake in millions in 'consultancy fees' and other bogus payments.
In the interim, resulting from the 'disappearance' of the loaned funds from the World Bank, our maternal mortality rate remains one of the worst globally; we continue to bury millions of our under-5 children who die of preventable causes; our power sector remains epileptic; our youths remain uneducated, unemployable and hopeless.
The continued penchant of the World Bank to dish out loans to the Nigerian contraption knowing full well that Nigeria does not need to borrow such monies and that the kleptocrats holding sway over Nigeria will merely steal the monies and dump same back into offshore bank vaults is most wicked!
Knowing how pure our maximum ruler, Jonathan and his governors are; and knowing how mercurial our Finance Minister is; and realizing that our Central Bank Governor is the Central Banker of the Millennium: I will bet that some smart alecs ruling over us and some World Bank staffers involved with the Nigeria Country Portfolio are all US $ multi-millionaires!
I verily believe that the World Bank is seriously being short-changed and should rise up to the occasion and cleanse its activities in Nigeria.
Corruption kills!
Large-scale Corruption is a crime against humanity; corruption compares with mass murders, rape and other crimes against humanity!
Pix: The World Bank Headquarters building and logo
Unless, there are 'strings attached' and you are really not loaning out any funds but merely signing documents to ensure that whilst the entity’s descendants are perpetually indebted, the entire team 'packaging' the 'loan' scam, privately rake in millions in 'consultancy fees' and other bogus payments.
In the interim, resulting from the 'disappearance' of the loaned funds from the World Bank, our maternal mortality rate remains one of the worst globally; we continue to bury millions of our under-5 children who die of preventable causes; our power sector remains epileptic; our youths remain uneducated, unemployable and hopeless.
The continued penchant of the World Bank to dish out loans to the Nigerian contraption knowing full well that Nigeria does not need to borrow such monies and that the kleptocrats holding sway over Nigeria will merely steal the monies and dump same back into offshore bank vaults is most wicked!
Knowing how pure our maximum ruler, Jonathan and his governors are; and knowing how mercurial our Finance Minister is; and realizing that our Central Bank Governor is the Central Banker of the Millennium: I will bet that some smart alecs ruling over us and some World Bank staffers involved with the Nigeria Country Portfolio are all US $ multi-millionaires!
I verily believe that the World Bank is seriously being short-changed and should rise up to the occasion and cleanse its activities in Nigeria.
Corruption kills!
Large-scale Corruption is a crime against humanity; corruption compares with mass murders, rape and other crimes against humanity!
Pix: The World Bank Headquarters building and logo
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