Thursday, 16 July 2015

Fighting the Global Scourge of Misappropriation of Government Fund-Odunze Chioma


 




Fighting the Global Scourge of Misappropriation of Government Fund
In his book, The Prince, Niccolò Machiavelli noted that "Only the expenditure of one’s own resources is harmful; and, indeed, nothing feeds upon itself as liberality does. The more it is indulged, the fewer are the means to indulge it further. As a consequence, a prince becomes poor and contemptible or, to escape poverty, becomes rapacious and hateful. Of all the things he must guard against, hatred and contempt come first, and liberality leads to both. Therefore it is better to have a name for miserliness, which breeds disgrace without hatred, than , in pursuing a name for liberality, to resort to rapacity, which breeds both disgrace and hatred." Continuing he went on to say that “Men are so simple of mind, and so much dominated by their immediate needs, that a deceitful man will always find plenty who are ready to be deceived.”
We are all aware of the detention of 5 ex governors as a result of fraud , money laundry and other financial crimes perpetrated  these governors  by the Economic and Financial Crimes Commission.
Schuller (1988:112) noted that success without social respect can be an ultimate and dismal failure. But that is not the feelings of con artist, fraudsters and politicians who t continually scheme, plan and put in strategies that will bring in money no matter who ever that is involved. They do not even care about the state of such poor people, poor masses at times they deliberately target retiree’s monies because of their vulnerability.
But what these scammers do not know is that wealth do not bring happiness as it is stated in Ecclesiastics 5 verse 10-11 “ How absurd to think that wealth brings happiness, the more you have, the more people come to help you spend it and  continuing  in Ecclesiastics 5 verse 12, 14, it sates “ But the rich are always worrying  and seldom get a good night sleep” Riches are sometimes hoarded to the harm of the saver, or they are put into risky investment that turn sour and everything is lost”
And continuing in Ecclesiastics 5 verse 19 and 20, “And it is good thing to receive wealth from God and the good health to enjoy it” “To enjoy your work and accept your lot in life- that is indeed a gift from God, people who did this rarely look with sorrow on the past ,for God has given them reason for joy”.
And so in making wealth, it is pertinent for us to have that God given joy that gives one  happiness- a lasting happiness.
Anything short of that may not augur well especially for con artist as Robert Kiyosaki in his book Rich dad Poor dad, noted that there are so many ways, one can be rich, and he included the following, through inheritance, playing lottery, investing or by being a crook or an outlaw but there is a price, you risk going to jail. Kiyosaki  (1995:351) continuing he stated that ‘A great story must interest , excite and cause people to look into the future and dream a little, there should also be integrity behind the story, because our jails are filled with great story tellers without integrity”.
As we wait for the outcome of the various charges against the former governors, we are no longer expecting issues of bargain plea. Let our law , judges do their utmost best to regain our failing economy, the failure of Greek economy is still being debated, the idea of bringing economy to a default and the impact it may have on the Euro and the European Union leaves much to be desired.
In Nigeria we do not know what to believe again, the  $2.1 Billion Dollars dividend paid to the Federation Account by the Nigeria Liquefied Natural Gas Company (NLNG)' is still surrounded in  controversy.



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