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Corruption 'slows down' growth in Malawi

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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-05-04 02:03 PM
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Corruption 'slows down' growth in Malawi
Malawian President Bakili Muluzi said on Thursday endemic corruption has "slowed down" economic growth in the poor Southern African nation and repeated a warning that offenders will be punished.

Muluzi, speaking at the inauguration of the anti-corruption day that will now be commemorated annually by the Anti-Corruption Bureau (ACB), did not elaborate on how much the economy has sufferred due to graft.

The president also failed to specify how he intends to deal with long-pending corruption cases before he retires in May this year after serving two five-year terms.

"Corruption is evil: it's the cancer of democracy and undermines public confidence. Everybody who is caught, will have no protection from me," he said, repeating his favourite line on the issue.

http://www.mg.co.za/Content/l3.asp?ao=30710

Extrapolating from the countries I've been too, I'd give it 99.99% that Muluzi is the person most monetarily benefitting from the 'corruption'.
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