If you owned a bank, would 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 entities 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
ratio 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 rulers 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, resulting from the
fictitious and fraudulent loans advanced Nigeria by the Breton Woods
institutions, some smart alecs ruling over us and some World Bank staffers
involved with the Nigeria Country Portfolio are all U.S.$ 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
Picture: World Bank Headquarter
building, Washington DC
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