Nigerian leaders 'stole' $380bn (BBC)

[Eugene]

Last Updated: Friday, 20 October 2006, 10:17 GMT 11:17 UK

Nigerian leaders 'stole' $380bn

More than $380bn has either been stolen or wasted by Nigerian
governments since independence in 1960, the chief corruption
fighter has said.

Nuhu Ribadu told the BBC that Nigeria has "nothing much" to show
for the missing money.

He said the worst period for corruption was the 1980s and '90s,
but currently two-thirds of governors are being investigated
by Mr Ribadu's agency.

-snip-

President Olusegun Obasanjo declared a state of emergency
in Ekiti State on Thursday after the governor was found guilty
of siphoning state funds into personal bank accounts and
receiving kickbacks.

-snip-

Full article: http://news.bbc.co.uk/2/hi/africa/6069230.stm

[radwriter0555]

1. "Dear Mister Smith, I write to inform you to help a problem I have

too much money. I ask that you to help me hide the money from the government and I swear to promise you the portion of the elephant."