Former Minister of Finance and coordinating Minister of the
Economy, Ngozi Okonjo-Iweala, has said corruption should
be fought using technology and other institutions.
Speaking at the Africa CEO forum yesterday, the former
Minister, said those involved in corruption should be made
to pay for their actions.
“We have to fight corruption in two ways; one is by
punishing those who steal, and making sure they pay for
what they do.
“But we also must plug all the holes by building
institutions and systems that prevent corruption in the
first place.
“If you have a financial system for running your financial
accounts that is not computerised, that is not
technologically based, you are still transferring cash, as we
were doing in my country up until 2003, 2004, then you are
opening up the place to a lot of leakages,” she said.
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