3. Ngozi Okonjo-Iweala, (Ukaegbu).
Speaking at the Africa CEO Forum, the former Nigeri Minister of Finance stated as follows:
“We have to fight corruption in two ways:
(1). One is by punishing those steal and making sure that they pay for what they do.
(2). But we must also plug all the holes by building institutions and systems that prevents corruption in the first place.
“If you have a financial system for running your financial accounts that is not computerized, that is not technologically based, you are still transferring cash, as we were doing in my country uptil 2003, 2004, then you are opening up the place for a lot of people leaking.” – Ngozi Okonjo-Iweala,