Nigeria, one of the most corrupt countries in the world, has arrested fifteen top bankers on charges of conspiracy and money laundering.
The head of Nigeria’s Economic and Financial Crimes Commission said that the bankers were taken into custody to make sure they didn’t leave the country as officials examined banks that have piled up billions in bad debts.
The governor of the Nigerian Central Bank has also fired the heads of five banks for mismanagement.
Ireland, which likes to see itself as a first division Western democratic state, has never, in its entire history, arrested a banker despite the fact that countless millions have been robbed by financial institutions over the years.
Ireland’s Central Bank has never, in its entire history, fired a banker.
Ireland does not, and never has had, an anti corruption agency equivalent to Nigeria’s Economic and Financial Crimes Commission.
Note: It’s interesting to see that the EFCC has a ‘most wanted’ list. Could Irish citizens, even in their most demented dreams, ever conceive of seeing such a list on the Financial Regulator’s website?