The extent of corruption in Africa is going up with each passing day and the ‘credit’ for this ill practice goes to the Western civilization. The reason behind the increasing dishonesty or bribery is mostly the consequences of the activities of worldwide spurs, says the report.
Rate of corruption is Rising Rapidly throughout the Nation
Entire Africa is falling prey to corrupt practices more and more. It has been turning into one of the biggest concerns for the government of the country. The incident of Teodoro “Teodorin” Nguema Obiang, the son of Teodoro Obiang Nguema Mbasogo – the President of Equatorial Guinea, is the latest addition to the strings of cases which are causing a headache to the African administration.
Just before a few weeks, 9 luxurious vehicles of Teodorin were put up for sale at an auction in the city of Paris. It was arranged by the French Government and a number of high-profile automobile manufacturing organizations like Bentley, Porsche, Bugatti, etc. took part in it.
All of these cars were taken hold of in the year 2011 when their owner Teodorin was accused of ‘stealing’ money from the public funds. He misused the state treasure chest and hid the money in European banks.
However, a total of $3.6 million has been raised from the auction.
Global Catalysts are facilitating Corrupt Practices greatly
According to the report, Teodorin got immense help from several U.S. and French banks as well as businesses in his ill-practices. His monthly salary was $7,000 which is more or less a fair amount. But it is truly a matter of concern that how he managed to purchase those luxury fleet, a huge deluxe house in Malibu costing approximately $30 million and an expensive (around $23.5 million) art collection of YSL with such a moderate earning.
Recently, a survey was conducted by the Global Corruption Barometer regarding the rapid rise of corruption around the world. Around 114,000 individuals from more than hundred countries were interviewed about how corruption is affecting their nations. Almost 80 percent of them has admitted that bribery has gone up significantly in last 2 years.
Charmain Gooch, the co-founder of the ‘Global Witness’ – an international non-governmental organization, says that corruption has now become a worldwide issue. It is not at all a problem in an afar land. Rather, the origin of this ill-practice can be much closer to us than we can even expect, she adds.
