Thursday, March 13, 2014

China tells Zimbabwe to curb corruption

Today's Newsday reports an egregious instance of a pot calling a kettle, errr, black.

The kleptocratic government of Zimbabwe has developed yet another "recovery programme" called "ZimAsset" -- the latest in a long line of economic restructuring plans which have been scuppered by ignorance, incompetence and endemic corruption. Zimbabwe's latest BFF, China, wants ZimAsset to succeed, so Zimbabwe will continue to subsist long enough for China to plunder it of diamonds and the few "ZimAssets" which have not already been sold or stolen by Comrade Bob and his cronies.

But, said Wang Wenbin (CEO of the state-owned Industrial Commercial Bank of China), the latest economic blueprint could only bear fruit if the Zimbabwean government deals effectively with the scourge of corruption.

Mr. Wang told Zimbo MPs at one of the inevitable eat-and-talkfests that China managed to become the world’s largest growing economy after it launched an effective anti-corruption campaign. "We had a nationwide anti-corruption movement targeting both the tigers and flies and ministers were investigated, and some of them are already in jail for corruption," said the banker. "You cannot make an economy grow to higher levels without tackling corruption."

Walt reminds Mr. Wang that there are no tigers in Africa. Plenty of flies though, as you might expect...

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