Zimbabwe losing $1 billion annually to corruption - report - News Summed Up

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Zimbabwe losing $1 billion annually to corruption - report


Zimbabwe is losing at least $1 billion annually to corruption, with police and local government officials among the worst offenders, Transparency International said in a report on Tuesday. Transparency International Zimbabwe (TIZ) said the police, local councils, the vehicle inspection department that issues driving licences and the education department were among the most corrupt institutions. "It would be surprising if the value (of corruption) were less than $1 billion annually." Zimbabwe was last year ranked 150th out of 168 countries on the Transparency International index, which measures public perceptions of corruption in public institutions. Corruption mainly consists of public officials demanding bribes for basic services like installing an electricity metre, approving a house plan to facilitating investment.


Source: The Star October 04, 2016 15:22 UTC



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