United State Secretary of State, John Kerry, yesterday gave President Muhammadu Buhari’s anti-corruption campaign drive a larger reach at the World Economic Forum in Davos, Switzerland, and decried how corruption compromises global security.
“It has been reported that over 50 people, including government officials, stole over $9 billion in Nigeria,” he said in reference to the $2.1 billion arms money allegedly shared by top officials of the last government and its cronies.
“Corruption costs global economy more than a trillion dollars a year and complicates every security, diplomatic, social priority,” he said.
“In far too many countries, plain rank corruption has generated such powerful headwinds that local economies just tread water.
“Today, corruption has grown at an alarming pace and threatens global growth, global stability, indeed the global future.”
He noted that graft and ineffective governance had either caused or contributed greatly to crises in Iraq, Nigeria, Syria, Ukraine, Libya and Yemen and thus had become an international, rather than purely domestic, problem.
“The fact is there is nothing, absolutely nothing, more demoralizing and disempowering to any citizen of any nation than the belief the system is rigged against them and that people in positions of power are – to use a diplomatic term of art – crooks who are stealing the future of their own people; and by the way, depositing their ill-gotten gains in ostensibly legitimate financial institutions around the world,” Kerry said.
“There is absolutely nothing more demoralizing, disempowering to any citizen than the belief the system is rigged against them. Corruption is a radicalizer because it destroys faith in legitimate authority.”
The Obama administration, according to him, will seek a major boost in funding for refugee support this year and press for at least 10 new countries to offer resettlement programs.
“We have to acknowledge in all quarters of leadership that the plagues of violent extremism, greed, lust for power, and sectarian exploitation often find their nourishment where governments are fragile and leaders are incompetent or dishonest,” Kerry said in a keynote address to the forum.
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