‘In Africa, political power is often used as a “get out of jail free” card, immunising the venal political elite through various mechanisms,’ Khadija Sharife tells Pambazuka News. But, says Sharife, while corruption may be ‘rampant’ in Africa, this is ‘only half the story’: Corrupt government leaders get away with graft much more easily and more frequently, thanks to international financial enablers, based in ‘transparent’ locations from London to New York. The key to addressing corruption, S...read more
‘In Africa, political power is often used as a “get out of jail free” card, immunising the venal political elite through various mechanisms,’ Khadija Sharife tells Pambazuka News. But, says Sharife, while corruption may be ‘rampant’ in Africa, this is ‘only half the story’: Corrupt government leaders get away with graft much more easily and more frequently, thanks to international financial enablers, based in ‘transparent’ locations from London to New York. The key to addressing corruption, Sharife suggests, is to scrutinise unchecked and unregulated shadow economies 'in developed and developing countries alike'.