{"id":8364,"date":"2016-03-22T21:01:20","date_gmt":"2016-03-22T21:01:20","guid":{"rendered":"http:\/\/newsroom247.com.ng\/?p=8364"},"modified":"2016-03-22T21:10:35","modified_gmt":"2016-03-22T21:10:35","slug":"buhari-must-find-corruption-in-two-ways-punishing-those-who-steal-and-building-institutions-okonjo-iweala","status":"publish","type":"post","link":"http:\/\/newsroom247.com.ng\/?p=8364","title":{"rendered":"Buhari must fight corruption in two ways; punishing those who steal and building institutions – Okonjo-Iweala"},"content":{"rendered":"


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Ngozi Okonjo-Iweala, former minister of finance, says that although those who steal must be made to pay for their deeds, the best way to fight corruption is by employing technology and building institutions.<\/strong><\/p>\n

The Lazard senior advisor, who spoke at the Africa CEO forum on Monday, said corruption must be fought in two ways.<\/p>\n

\u201cWe have to fight corruption in two ways; one is by punishing those who steal, and making sure they pay for what they do,\u201d she said.<\/p>\n

\u201cBut we also must plug all the holes by building institutions and systems that prevent corruption in the first place.<\/p>\n

Shoe week<\/strong>
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\u201cIf you have a financial system for running your financial accounts that is not computerised, that is not technologically based, you\u2019re still transferring cash, as we were doing in my country up until 2003, 2004, then you\u2019re opening up the place to a lot of people leaking.\u201d<\/p>\n

Okonjo holds the same stance as former president, Goodluck Jonathan, who said at one of his presidential campaign rallies that he was prepared to fight corruption with\u00a0technology if he was re-elected.<\/p>\n

In an exclusive interview with TheCable<\/strong>, Jonathan also said corruption must be fought with institutions, adding that methods known to Nigeria cannot be sustained.<\/p>\n

\u201cThere is no shortcut to eradicating corruption. You don\u2019t fight corruption with nerve. You fight it with the instruments of law. You fight it by building and strengthening institutions,\u201d he had said.<\/p>\n

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\u201cGo to advanced countries. Go to the countries that rank very high on Transparency International\u2019s corruption perception index. Denmark, Norway, Sweden, Singapore, name them\u2026 They don\u2019t use nerve to fight corruption.<\/p>\n

\u201cIt is not the president or prime minister that fights corruption in those countries. It is the system. That is why even the prime minister can be removed and tried for corruption.<\/p>\n

\u201cIn Nigeria, some people want strong men as presidents who will fight corruption as they wish, as they want and as they please. You cannot sustain that. You cannot even guarantee that there will be no abuse.<\/p>\n

\u201cWhen they arrest somebody and put them in handcuff on national television, we all rejoice. But how long will that last? What problem does it solve? Has it ever solved any problem?\u201d<\/p>\n

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Ngozi Okonjo-Iweala, former minister of finance, says that although those who steal must be made to pay for their deeds, the best way to fight corruption is by employing technology and building institutions. The Lazard senior advisor, who spoke at the Africa CEO forum on Monday, said corruption must be fought in two ways. \u201cWe […]<\/p>\n","protected":false},"author":1,"featured_media":8365,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"ngg_post_thumbnail":0,"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[7],"tags":[1658,299,197,665],"class_list":["post-8364","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opinion","tag-africa-ceo-forum","tag-goodluck-jonathan","tag-mohammadu-buhari","tag-ngozi-okonjo-iweala"],"jetpack_featured_media_url":"http:\/\/newsroom247.com.ng\/wp-content\/uploads\/2016\/03\/Okonjo.jpg","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4oswh-2aU","_links":{"self":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/8364","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8364"}],"version-history":[{"count":3,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/8364\/revisions"}],"predecessor-version":[{"id":8368,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/posts\/8364\/revisions\/8368"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=\/wp\/v2\/media\/8365"}],"wp:attachment":[{"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8364"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/newsroom247.com.ng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}