EDITOR’S NOTE: The following report by the BBC is one more evidence that the IMF and World Bank are corrupted organizations that are causing havoc in 3rd world countries such as Ethiopia by fueling brutal dictatorships with hundreds of millions of dollars.
Senegal admits IMF ‘money gift’
(BBC) — Senegal has confirmed it gave money to an International Monetary Fund (IMF) official earlier this month, after previously denying the allegations.
Alex Segura was given almost $200,000 (£122,000) at the end of his three-year posting – money which the IMF says was paid back as quickly as it could be.
Prime Minister Souleymane Ndene Ndiaye said it was a goodbye present — part of an African tradition.
But opposition activists have condemned what they regard as a corrupt payment.
The fund said in a statement Mr Segura was given the present after a dinner with President Abdoulaye Wade, but did not realise the gift was money until he was about to leave the country for Barcelona.
“With Mr Segura worried about missing his flight, and concerned that there was no place to leave the money safely in Senegal, he decided to take the money aboard the plane,” Reuters quoted the IMF as saying.
The cash was handed over to Senegal’s ambassador in Spain.
Government ‘exposed’
The BBC’s Hamadou Tidiane Sy, in Dakar, says the affair has sparked anger and outrage in Senegal.
He says Senegalese want to know why an IMF official was allowed to leave the country with so much money, and they also want to see whether anyone will be punished.
Anti-corruption campaigner Mamadou Mbodj said the case should be referred to the country’s High Court of Justice.
“It is unacceptable in a poor country like ours to use the taxpayers’ money to reward international civil servants who are already highly paid for their jobs”, he told the BBC.
Aissata Tall Sall, spokeswoman for the Socialist Party, said the government had “exposed its true nature to the rest of the world”.
She called for international sanctions and said it was unacceptable for the IMF and government to consider the issue closed.
The president has not commented on the affair, but Mr Ndiaye admitted the gift was given, while denying corruption.
“We in Africa have a tradition – when someone visits you, you give him a gift at departure,” he told local media.
7 thoughts on “IMF corruption exposed”
The TPLF dictator does not have money problem to bribe the IMF and World Bank People. they can get a blank check from the Shiek who got it illegal sale of the country Gold.
Stupid African leaders when does it stop?????????? GOD look unto us!!!
Yes in Africa when some one visits you …..but not that amount of money my friend!!!!!Are you telling us senegal doesn’t have a traditional gifts like cloth;scriptures and other soveniours which may represent senegal better culturaly???? i hope not!!!!! ” Convulsion for baldness”….It is too late, shame on you.
what a funny and ironic response by the president.
Well lets face the reality people Imf and world bank have an evil agenda in every third world countries and that was the very reason the so called superpowers created this 2 world organization,when they provide a huge loan to any poor country with full of natural resource its a trap in order to take over every important natural resource you might have ,this 2 evil org have fully aware how that loan money spend by the corrupted leaders against the will of the people who they lead ,and most corrupted leaders will sign any evil intent to make sure they get the loan for their personal use which have to be paid back with a huge interest rate attach to it but the people who have nothing to do with this money have to pay for it for centuries or if you refuse to pay,you have to give up your resources to western big companies or associates,if this doesn’t work they will create or ignite a civil war and sale weapons for both side and control the out come at end,this 2 organization knows every poor countries account balance and reserve as well,they have the power to depreciate any currency they target in the third world countries,a real democracy and development will not happen as long as you deal with them period.amazon river is own by imf and world bank today because brazil was trapped long ago and brazil had a big economy disaster in the past and before they recover from their economy disaster brazil had to give up their resource which brazilian corrupted leaders promise and sign as a collateral for imf and world bank and what is the future hold for ethiopia or africa in general only god knows what was promised and sign by very corrupted african leaders.
A gift between thieves rather than African tradition. No wonder Sengal like
Ethiopia is the darling of the west.
All this will stop when the people say it is enough and participate in the system of their communities.