This week, as the world is searching for a solution to the corruption problem, Nuhu Ribadu, the head of Nigeria's Economic and Financial Crimes Commission, described corruption as the cause of the failure of leadership and failure of governance in the developing world.
When asked about role that foreign companies play in fostering corruption, he said:
I have seen multinationals and big oil companies play by the rules elsewhere, but behaving badly in Nigeria and Africa because of our collapsed systems. We have to insist ourselves on the rule of law and order; then everyone will behave.
Ribadu has secured more than 150 convictions and recovered over $5 billion stolen public funds.
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