It may seem undesirable, even distasteful, to permit a person who has been implicated in corruption to continue to act in her or his professional capacity without some sort of censure, and certainly the government and professional regulatory bodies must strike a balance between protecting a professional's right to due process and protecting the public
from corrupt activity.
«I'm not sure it would stop this or stop anyone
from their corrupt activities,» Deputy Majority Leader Tom Libous, R - Binghamton, said.
Not exact matches
Similarily, Treasury Secretary Steven Mnuchin said in a release, «Russian oligarchs and elites who profit
from this
corrupt system will no longer be insulated
from the consequences of their government's destabilizing
activities.»
This is hypothesized to happen for many different reasons, including a decline in the competitiveness of other economic sectors (caused by appreciation of the real exchange rate as resource revenues enter an economy, a phenomenon known as Dutch disease), volatility of revenues
from the natural resource sector due to exposure to global commodity market swings, government mismanagement of resources, or weak, ineffectual, unstable or
corrupt institutions (possibly due to the easily diverted actual or anticipated revenue stream
from extractive
activities).
It mentioned Rowland Agambire's Asongtaba Cottage Industry (ACI) and its
activities at the Savannah Accelerated Development Authority (SADA) suggesting there had been a GH cents 47 million case of corruption
from the Guinea fowl business, and proceeded to mention Selassie Ibrahim's GH cents 3.6 million Metro Mass bus branding saga, as among the
corrupt cases.
As I explained in that article, the cumulative effect of going round the world proclaiming that your nation was
corrupt, large sums of money were missing
from the country's treasury and declaring that your state's treasury was now «empty»; frittering away scarce foreign reserves through an over-valued currency; absence of policy and substantive governance; and drastically reduced investment, would be to put the economy out of
activity!
The Gender Minister alleged that Bugri Naabu engages in
corrupt activities by collecting monies, goats, cows and other things
from people with a promise of getting them the School Feeding programme job.
One of the counts reads: «That you Dr. Raymond Dokpesi and Daar Investment and Holding Company Limited between October 2014 and March 19, 2015 in Abuja, conducted procurement fraud by means of fraudulent and
corrupt act, to wit: receipt of payment into the account of Daar Investment and Holding Company Limited with First Bank of Nigeria Plc of public funds in the sum of N2, 120,000,000
from the account of the office of National Security Adviser (NSA) with the Central Bank of Nigeria for the funding of media
activities for the 2015 presidential election campaign for the People's Democratic Party (PDP) and you thereby committed an offence contrary to section 58 (4)(b) of the Public Procurement Act, 2007 and punishable under Section 58 (6) & (7) of the same Act».
More specifically, Acemoglu adds, some investors thought politically connected firms would be «less capable of capturing rents,» the revenues flowing
from noncompetitive business
activity, and would have «less room for engaging in these
corrupt activities.»
The third statute is the Racketeer Influenced and
Corrupt Organizations Act («RICO»), 18 U.S.C. § § 1961 - 1968 (Counts 3 and 4), which provides private parties with a cause of action to recover treble damages due to injuries they received
from a defendant's unlawful racketeering
activity and the government with a cause of action to seek other equitable remedies to prevent future unlawful acts.