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Ethiopia’s Meles Blames African Corruption on Foreign Investors

Posted by Ethio Tribune on May 11, 2012

Ethiopia's Prime Minister Meles Zenawi (File)“Good day.  My name is Gobano Madnamaraso,” she said. “When our leaders are young – most of our African leaders – they are visionaries.  They have wonderful visions for our continent.  They are admirable.  The speak good, they do good.  But something happens to them once they are seated in those chairs of power.  My question is:  We want to see our continent change, but we are afraid of this power that corrupts even some of the best, most admirable leaders on our continent, and what is this poison that happens in these chairs of power and how can we prevent it? “

But perhaps just as frank as the question was the reply.

Ethiopian Prime Minister Meles Zenawi pointed to greedy foreign corporations as a main driver of corruption.

“What is the poison that leaders face when you go to national palaces, and transforms people with vision sometimes into ordinary thieves?  Let’s start with the total amount of loot in Africa, and what our role as leaders in that loot[ing] is,” said Meles. “The vast majority of the loot[ing] is done by properly organized companies through all sorts of accounting gimmicks.”…..click here to read the full story

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