Former Minister of Finance and coordinating Minister of the Economy Ngozi Okonjo-Iweala has revealed the best way the Mohammadu Buhari led administration can fight corruption and succeed.
Former Minister of Finance and coordinating Minister of the Economy Ngozi Okonjo-Iweala
Renowned Economist, politician and former Minister of Finance and coordinating Minister of the Economy Ngozi Okonjo-Iweala, has added her voice to the corruption fight being fought by the President Muhammadu Buhari led administration as she has proffered working means to end the scourge.
The respected economist has revealed that corruption can only be fought successfully when those who steal are punished and institutions put in place to prevent corruption from happening.
While speaking at the Africa CEO forum on Monday, Okonjo said: “We have to fight corruption in two ways; one is by punishing those who steal, and making sure they pay for what they do.
“But we also must plug all the holes by building institutions and systems that prevent corruption in the first place.
“If you have a financial system for running your financial accounts that is not computerised, that is not technologically based, you are still transferring cash, as we were doing in my country up until 2003, 2004, then you are opening up the place to a lot of leakages,” she said.