Corrupt leader

Back on May 29 you may have watched the TED talk by Fred Swaniker. He believes that a single leader can make a huge impact for good or evil. As a bad example, he mentioned Sani Abacha of Nigeria. I ran into this story about him and others at face2faceafrica.

Abacha was the head of government from 1993 to 1998. Upon his death, Swiss banks returned $700 million (that he had hidden in banks there) to the country of Nigeria. Just months ago Switzerland returned another $322 million that he had socked away in their banks.

All together it's estimated that Abacha stole an incredible $5 billion from his own country.

Money laundering, tax evasion, bribes, lots of opportunity for many corrupt leaders to cheat their people. No wonder Fred Swaniker's leadership academy states that Africa's greatest need is for ethical and entrepreneurial leadership.

African nations need the same thing every nation needs.