Ngozi Okonjo-Iweala, former minister of finance, says that although those who steal must be made to pay for their deeds, the best way to fight corruption is by employing technology and building institutions.
“We have to fight corruption in two ways; one is by...
punishing those who steal, and making sure they pay for what they do,” she said.
“If you have a financial system for running your financial accounts that is not computerized, that is not technologically based, you’re still transferring cash, as we were doing in my country up until 2003, 2004, then you’re opening up the place to a lot of people leaking.”
“But we also must plug all the holes by building institutions and systems that prevent corruption in the first place.
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