By Eze Eluchie
-World
Bank's Loan Portfolio to Nigeria Now $4.8 Billion-
If
you owned a bank, will you loan money to an entity that you know does not
really need the money and is neck deep in fraud? No!
Unless,
there are 'strings attached' and you are really not loaning out any funds but
merely signing documents to ensure that whilst the entity’s descendants are
perpetually indebted, the entire team 'packaging' the 'loan' scam, privately
rake in millions in 'consultancy fees' and other bogus payments.
In
the interim, resulting from the 'disappearance' of the loaned funds from the
World Bank, our maternal mortality rate remains one of the worst globally; we
continue to bury millions of our under-5 children who die of preventable causes;
our power sector remains epileptic; our youths remain uneducated, unemployable
and hopeless.
The
continued penchant of the World Bank to dish out loans to the Nigerian
contraption knowing full well that Nigeria does not need to borrow such monies
and that the kleptocrats holding sway over Nigeria will merely steal the monies
and dump same back into offshore bank vaults is most wicked!
Knowing
how pure our maximum ruler, Jonathan and his governors are; and knowing how
mercurial our Finance Minister is; and realizing that our Central Bank Governor
is the Central Banker of the Millennium: I will bet that some smart alecs
ruling over us and some World Bank staffers involved with the Nigeria Country
Portfolio are all US $ multi-millionaires!
I
verily believe that the World Bank is seriously being short-changed and should
rise up to the occasion and cleanse its activities in Nigeria.
Corruption
kills!
Large-scale
Corruption is a crime against humanity; corruption compares with mass murders,
rape and other crimes against humanity!
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