Monday, November 06, 2006

Kenya Leads in Corruption Perception Index (CPI)

Transparency International just released its 2006 Corruption Perception Index (CPI). Once again, Kenya emerges as the most corrupt country in Eastern Africa, ninth in Africa, and twenty first in the world. Kenya’s Anglo Leasing scandal is mentioned as the new form of corruption, “which involves misappropriation of public funds through fraudulent contracts and sophisticated shell companies in Europe and other off-shore jurisdictions”. (See TI’s Press Release) It also emerges that corruption costs Kenya KShs 70 billion annually.

Kibaki’s government should consider incorporating the “Fight Against Corruption” in its Vision 2030. Failure to do so would cost the country over Kshs 1.68 Trillion between 2007 and 2030.

3 comments:

Anonymous said...
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sandman said...
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coldtusker said...

Ahhh... Oh, FARK, u were NARKed...