High ranked politicians and bureaucrats in South Sudan have drawn off at least $36m in public funds as stated by the United Nations commission. It also stated that the international corporations and banks are included in this embezzlement. This report came on Wednesday after 6 days when President Salva Kiir terminated the country’s finance minister, the head of the tax-gathering National Revenue Authority, as well as the director of the state-owned oil company.
The staggering of $36m was from 2016. The figure relates to illegal financial movements from the Ministry of Finance and Economic Planning and from the National Revenue Authority. South Sudanese bodies have been aided and abetted in these crimes by a number of international corporations and multinational banks. Some of this money has been laundered through the purchase of properties abroad.
Data source: Al Jazeera