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CORRUPTION AND GREED
            A Christian Response




"While they promise them liberty, they themselves
       are slaves of corruption." 2 Peter 2:19
CORRUPTION AND GREED
            A Christian Response
               by Dr. Peter Hammond




"While they promise them liberty, they themselves
       are slaves of corruption." 2 Peter 2:19
The African Union
   calculates that
  every year over
   US$148 Billion
 is stolen from the
  continent by its
       leaders.
 That works out to
    more than a
   quarter of the
 continent's entire
  Gross Domestic
       Product
lost to corruption -
 every single year.
The World Bank
  reports that
 40% of Africa’s
private wealth is
 held offshore.
Global Financial
    Integrity
 calculates that
 Africa has
  lost well
    over
US$900 Billion
to corruption
 since 1970.
That is far in excess of total Development Assistance given to Africa
during that same time. More than US$300 Billion of Western aid has
                         been sunk into Africa,
yet most states are effectively bankrupt, weighed down by debt, and
          failing to provide even minimum public services.
Stealing from Everyone




 Most African countries today have lower per capita incomes than they
had at independence. More than half of Africa’s total population live on
                        less than US$2 per day.
Nahu Ribadu, the former head of
Nigeria’s Anti-Corruption Commission, has declared that
the best way to attack poverty is to attack corruption.
The prerequisite to all efficient and effective
 government is the eradication of corruption.
Corruption prevents a country from realising its
 potential. Corruption steals from everyone.
It is calculated that every one of us pays at least 20% more for
      goods and services because of the costs of corruption.
Corruption Impoverishes




Corruption discourages investment, retards development
         and increases costs to the consumer. …
As Robert Guest,
the African Editor of The Economist observes
         in The Shackled Continent:
"For half a century now, the continent has been deluged
                          with aid,
 but this aid has failed to make Africans any less poor…
it has bankrolled tyrants…
or idealists with hopeless economic policies…
both types of aid have been wasted
…doing business in Africa can be tricky
Bad roads, punctuated by roadblocks, manned by
bribe-hungry policemen, make it slow and costly to
       move goods, even short distances…
local firms, meanwhile, have been held back by arbitrary government
 regularities, dysfunctional legal systems and the difficulty for those
             without political connections, of raising capital
          … If Africa was better governed it would be richer."
Predatory Officials




Guest’s conclusion: "Africans are poor largely because they are not yet
 free. They live under predatory, incompetent governments which…
  impoverish them in many ways: through corruption, through bad
 economic policies, and sometimes, as in Zimbabwe, by creating an
                       atmosphere of terror…"
One Person Can Make
         a Difference




Under Nahu Ribadu, Nigeria’s Economic and Financial Crimes
          Commission secured 250 convictions
  and recovered over US$5 Billion in stolen public funds.
Trade Not Aid




The president of Rwanda, Paul Kagame, advocates trade, not aid.
 He is convinced that it is essential for Africa to end dependency
          on foreign aid, as foreign aid fuels corruption.
Corruption is the
    second most
prevalent crime on
   the continent.
  Leaders need to
   become more
accountable to the
     taxpayers.
More auditors are
      needed.
Anti-corruption reforms are essential.
As leaders steal seven times more than the total value of foreign aid
                    poured into Africa each year,
it is clear that far more valuable than any foreign aid
would be to end the endemic corruption which is looting the resources
                       of this great continent.
Stealing from the Poor




Every week our newspapers are awash with scandals about elected
 officials and public servant’s extravagant lifestyles and outrageous
                            expenditures.
Yet, despite the state raking in over R600 Billion in taxes each year they
                       continually run at a deficit.
Taxpayers wonder where all this money is going when there are so many
 schools without books, children taught in the open air, hospitals short
 of medicines and hospital patients going hungry because the provincial
            government has not paid the service providers.
Looted Treasury




The Auditor General of South Africa reported over R20 Billion
      in unauthorised spending for the last fiscal year.
  Only 3 of 39 government departments had clean audits.
The police
   Special
Investigating
Unit reports
     that
   at least
 R30 Billion
 was lost to
government
 corruption
  last year.
The finances of 5 provinces in South Africa are
              in severe disarray.
Heading the list of provinces spending way beyond their means was
                         Limpopo Province.
Even with over R2 Billion overspent, the Limpopo government was not
        able to pay doctors, nurses, teachers, social workers,
                 and other public sector employees.
Scandals




The former president of Cricket SA has been
       engulfed in a corruption crisis.
The Arms Deal of
1999 continues to
 make headlines,
 along with the
Travelgate abuse of public finances by members of parliament,
the conviction on corruption charges of former National Police
        Commissioner, (and ex-president of Interpol),
the Chief of Police suspended for
    corruption investigations,
and traffic
police under
investigation
  for buying
     illegal
   licences.
The examples of unscrupulous politicians who squander taxpayers
money with impunity, stealing from the poor, in the name of uplifting
                       the poor, is endemic.
Bankrupt




If the provinces were commercial enterprises, they would have been
        declared insolvent and liquidated to settle their debts.
All too many
  politicians
seem to view
 positions in
 government
     as an
opportunity
  to enrich
 themselves
at the public
  expense.
The toxic mixture of politics, business and greed is sabotaging
    development, costing jobs and eroding the economy.
Corruption Worldwide




Nor is this a problem only for the world.
Patrick Johnstone of Operation World
reports in The Future of
the Global Church, that
of US$390 Billion given
  to Christian causes
      worldwide,
   $25 Billion
 was embezzled !
Up to 20% of the global Gross Domestic Product (GDP) is spent on
bribery, over US$1 Trillion a year. Up to 50% of all aid to developing
   countries is stolen before it can reach its intended recipients.
World wide, an estimated US$400 Billion is lost to corruption.
Every year over 10% of humankind are forced to pay a bribe.
Banksters
    Probably the
greatest corruption
and theft in history
was perpetrated by
       bankers
(now often labelled
     Banksters)
 who triggered the
Great Recession of
   2008, through
      unethical
  speculation and
selling of worthless
     derivatives.
The cost to the US economy was over 135% of its GDP.
The cost to the United Kingdom was over 149% of its total GDP.
The only
 people who
     have
  benefited
   from the
 Depression
caused by the
irresponsible
 speculative
bubble, have
   been the
  Banksters
 themselves.
"The Lord abhors
dishonest scales,
      but
accurate weights
are His delight."
    Proverbs 11:1
Theft by Inflation




 A survey on inflation in South Africa (undertaken by
the Old Mutual), reported that in 1971 you could buy
               a car for about R1 000.
In 1981, the same amount of
money would buy a motorbike.
By 2001, the buying
power of R1 000 had
collapsed so, that you
 could buy a bicycle.
Now a good pair of running shoes
    could cost over R1 000.
"Skimping the measure, boosting the price and cheating
with dishonest scales… I will never forgive." Amos 8:5-7
The devastating impact of unbacked currency/
 inflation on pensions and savings is criminal.
Biblical Law
requires that
   we use
honest scales
 and honest
  weights –
   honest
   money
  backed by
real constant
    value.
(Proverbs 20:10)
"Shall I count pure those with the wicked balances, and with the bag of
deceitful weights? For her rich men are full of violence, her inhabitants
    have spoken lies, and their tongue is deceitful in their mouth."
                             Micah 6: 11,12
The Cost of Crime




It is estimated that approximately one third of all business failures
             each year can be traced to employee theft.
Of course, when businesses close down, employees lose their jobs and
families suffer. Yet it is estimated that almost half of all employees are
               guilty of stealing (often called shrinkage!)
Now, obviously somebody has to pay for the cost of all this theft.
You and I, and all other customers, have to share the burden of the
      Billions of Rands shoplifted, or stolen, by employees,
                    or embezzled by civil servants.
In addition, we have to pay for the increased insurance premiums, the
   additional security personnel and equipment necessitated by this
stealing spree. It all gets added to the price tag of everything we buy.
Of course, we also pay for the cost of crime through our taxes,
and when supporting the police force, the legal and judicial system,
     and the prison service, which are all meant to protect us
              from the criminal elements of society.
Why Corruption Increases




     "Why do people commit crimes so readily? Because crime is
  not punished quickly enough." Ecclesiastes 8:11. Surely that is the
common sense answer. Corruption is increasing in our society because
             criminals are not punished swiftly enough.
Civil government
  is called to be
a minister of
God's justice:
"To punish
those who
do wrong"
1 Peter 2:14.
God has instituted civil government as
"an agent of wrath to bring punishment
   on the wrongdoer" Romans 13:4.
Restitution




  In cases of theft, arson, or malicious damage to property, the Bible
decrees restitution, the restoration of what was stolen to the owner. It
is reparation for injury, or damage to property. The Bible requires that
  restitution goes entirely to the victim of the crime (Exodus 22:3-6).
Christian Integrity




As Christians we are called to the highest standards of integrity. We are
not to fuel the corruption industry by giving in to pressure to pay bribes,
         or award contracts on the basis of political connections.
Crime can be combatted and
corruption can be eradicated
  if those who claim to be
        Christians will
 live according to
Biblical principles.
A friend of mine in Zambia, Lawrence Temfwe, worked in a
bank and over the years embezzled money from it. When he
          was caught, he was sentenced to prison.
There he was converted to Christ and after serving his sentence in
 prison, worked to re-pay the bank all that he had stolen from it.
Now, according to the laws of the land, he had done the crime and
  paid the time. No one was expecting anything more from him.
However, Lawrence knew from the Scriptures that he was responsible to
  make full restitution. What a testimony when he re-paid the bank!
           Lawrence Temfwe went on to become the head
                     of Prison Fellowship in Zambia.
"And have no fellowship with the unfruitful works of
darkness, but rather expose them.“ Ephesians 5:11
The fear of the Lord is the beginning of wisdom.
As Christians we are called to love our neighbour as ourselves.
       To do unto others as we want to be done unto.
We need to live the Biblical principles of honesty, integrity and courage,
      speaking up for those who cannot speak for themselves,
    being brave and bold for God. We will not lie, steal, or cheat.
   Neither will we tolerate amongst ourselves anyone who does.
"Who will rise
   up for Me
  against the
  evildoers?
    Who will
 stand up for
  Me against
the workers of
   iniquity?"
 Psalm 94:16
Frontline Fellowship
PO Box 74
Newlands
7725
Cape Town
South Africa
E-mail: admin@frontline.org.za
Web: www.frontline.org.za
Corruption and Greed - A Christian Response
Corruption and Greed - A Christian Response
Corruption and Greed - A Christian Response

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Corruption and Greed - A Christian Response

  • 1. CORRUPTION AND GREED A Christian Response "While they promise them liberty, they themselves are slaves of corruption." 2 Peter 2:19
  • 2.
  • 3. CORRUPTION AND GREED A Christian Response by Dr. Peter Hammond "While they promise them liberty, they themselves are slaves of corruption." 2 Peter 2:19
  • 4. The African Union calculates that every year over US$148 Billion is stolen from the continent by its leaders. That works out to more than a quarter of the continent's entire Gross Domestic Product lost to corruption - every single year.
  • 5. The World Bank reports that 40% of Africa’s private wealth is held offshore. Global Financial Integrity calculates that Africa has lost well over US$900 Billion to corruption since 1970.
  • 6. That is far in excess of total Development Assistance given to Africa during that same time. More than US$300 Billion of Western aid has been sunk into Africa,
  • 7. yet most states are effectively bankrupt, weighed down by debt, and failing to provide even minimum public services.
  • 8. Stealing from Everyone Most African countries today have lower per capita incomes than they had at independence. More than half of Africa’s total population live on less than US$2 per day.
  • 9. Nahu Ribadu, the former head of Nigeria’s Anti-Corruption Commission, has declared that the best way to attack poverty is to attack corruption.
  • 10. The prerequisite to all efficient and effective government is the eradication of corruption. Corruption prevents a country from realising its potential. Corruption steals from everyone.
  • 11. It is calculated that every one of us pays at least 20% more for goods and services because of the costs of corruption.
  • 12. Corruption Impoverishes Corruption discourages investment, retards development and increases costs to the consumer. …
  • 13. As Robert Guest, the African Editor of The Economist observes in The Shackled Continent:
  • 14. "For half a century now, the continent has been deluged with aid, but this aid has failed to make Africans any less poor…
  • 15. it has bankrolled tyrants… or idealists with hopeless economic policies…
  • 16. both types of aid have been wasted
  • 17. …doing business in Africa can be tricky
  • 18. Bad roads, punctuated by roadblocks, manned by bribe-hungry policemen, make it slow and costly to move goods, even short distances…
  • 19. local firms, meanwhile, have been held back by arbitrary government regularities, dysfunctional legal systems and the difficulty for those without political connections, of raising capital … If Africa was better governed it would be richer."
  • 20. Predatory Officials Guest’s conclusion: "Africans are poor largely because they are not yet free. They live under predatory, incompetent governments which… impoverish them in many ways: through corruption, through bad economic policies, and sometimes, as in Zimbabwe, by creating an atmosphere of terror…"
  • 21.
  • 22. One Person Can Make a Difference Under Nahu Ribadu, Nigeria’s Economic and Financial Crimes Commission secured 250 convictions and recovered over US$5 Billion in stolen public funds.
  • 23. Trade Not Aid The president of Rwanda, Paul Kagame, advocates trade, not aid. He is convinced that it is essential for Africa to end dependency on foreign aid, as foreign aid fuels corruption.
  • 24. Corruption is the second most prevalent crime on the continent. Leaders need to become more accountable to the taxpayers. More auditors are needed.
  • 25. Anti-corruption reforms are essential. As leaders steal seven times more than the total value of foreign aid poured into Africa each year,
  • 26. it is clear that far more valuable than any foreign aid
  • 27. would be to end the endemic corruption which is looting the resources of this great continent.
  • 28. Stealing from the Poor Every week our newspapers are awash with scandals about elected officials and public servant’s extravagant lifestyles and outrageous expenditures.
  • 29. Yet, despite the state raking in over R600 Billion in taxes each year they continually run at a deficit.
  • 30. Taxpayers wonder where all this money is going when there are so many schools without books, children taught in the open air, hospitals short of medicines and hospital patients going hungry because the provincial government has not paid the service providers.
  • 31. Looted Treasury The Auditor General of South Africa reported over R20 Billion in unauthorised spending for the last fiscal year. Only 3 of 39 government departments had clean audits.
  • 32. The police Special Investigating Unit reports that at least R30 Billion was lost to government corruption last year.
  • 33. The finances of 5 provinces in South Africa are in severe disarray.
  • 34. Heading the list of provinces spending way beyond their means was Limpopo Province.
  • 35. Even with over R2 Billion overspent, the Limpopo government was not able to pay doctors, nurses, teachers, social workers, and other public sector employees.
  • 36.
  • 37.
  • 38.
  • 39.
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47. Scandals The former president of Cricket SA has been engulfed in a corruption crisis.
  • 48. The Arms Deal of 1999 continues to make headlines, along with the
  • 49. Travelgate abuse of public finances by members of parliament,
  • 50. the conviction on corruption charges of former National Police Commissioner, (and ex-president of Interpol),
  • 51. the Chief of Police suspended for corruption investigations,
  • 52.
  • 53. and traffic police under investigation for buying illegal licences.
  • 54. The examples of unscrupulous politicians who squander taxpayers money with impunity, stealing from the poor, in the name of uplifting the poor, is endemic.
  • 55. Bankrupt If the provinces were commercial enterprises, they would have been declared insolvent and liquidated to settle their debts.
  • 56. All too many politicians seem to view positions in government as an opportunity to enrich themselves at the public expense.
  • 57. The toxic mixture of politics, business and greed is sabotaging development, costing jobs and eroding the economy.
  • 58. Corruption Worldwide Nor is this a problem only for the world.
  • 59. Patrick Johnstone of Operation World
  • 60. reports in The Future of the Global Church, that of US$390 Billion given to Christian causes worldwide, $25 Billion was embezzled !
  • 61. Up to 20% of the global Gross Domestic Product (GDP) is spent on bribery, over US$1 Trillion a year. Up to 50% of all aid to developing countries is stolen before it can reach its intended recipients.
  • 62. World wide, an estimated US$400 Billion is lost to corruption.
  • 63. Every year over 10% of humankind are forced to pay a bribe.
  • 64. Banksters Probably the greatest corruption and theft in history was perpetrated by bankers (now often labelled Banksters) who triggered the Great Recession of 2008, through unethical speculation and selling of worthless derivatives.
  • 65.
  • 66.
  • 67.
  • 68.
  • 69.
  • 70.
  • 71.
  • 72.
  • 73.
  • 74.
  • 75.
  • 76.
  • 77.
  • 78.
  • 79. The cost to the US economy was over 135% of its GDP.
  • 80. The cost to the United Kingdom was over 149% of its total GDP.
  • 81. The only people who have benefited from the Depression caused by the irresponsible speculative bubble, have been the Banksters themselves.
  • 82. "The Lord abhors dishonest scales, but accurate weights are His delight." Proverbs 11:1
  • 83. Theft by Inflation A survey on inflation in South Africa (undertaken by the Old Mutual), reported that in 1971 you could buy a car for about R1 000.
  • 84. In 1981, the same amount of money would buy a motorbike.
  • 85.
  • 86. By 2001, the buying power of R1 000 had collapsed so, that you could buy a bicycle.
  • 87. Now a good pair of running shoes could cost over R1 000.
  • 88. "Skimping the measure, boosting the price and cheating with dishonest scales… I will never forgive." Amos 8:5-7
  • 89. The devastating impact of unbacked currency/ inflation on pensions and savings is criminal.
  • 90.
  • 91.
  • 92.
  • 93.
  • 94.
  • 95.
  • 96.
  • 97.
  • 98.
  • 99. Biblical Law requires that we use honest scales and honest weights – honest money backed by real constant value. (Proverbs 20:10)
  • 100. "Shall I count pure those with the wicked balances, and with the bag of deceitful weights? For her rich men are full of violence, her inhabitants have spoken lies, and their tongue is deceitful in their mouth." Micah 6: 11,12
  • 101. The Cost of Crime It is estimated that approximately one third of all business failures each year can be traced to employee theft.
  • 102. Of course, when businesses close down, employees lose their jobs and families suffer. Yet it is estimated that almost half of all employees are guilty of stealing (often called shrinkage!)
  • 103. Now, obviously somebody has to pay for the cost of all this theft. You and I, and all other customers, have to share the burden of the Billions of Rands shoplifted, or stolen, by employees, or embezzled by civil servants.
  • 104. In addition, we have to pay for the increased insurance premiums, the additional security personnel and equipment necessitated by this stealing spree. It all gets added to the price tag of everything we buy.
  • 105. Of course, we also pay for the cost of crime through our taxes, and when supporting the police force, the legal and judicial system, and the prison service, which are all meant to protect us from the criminal elements of society.
  • 106. Why Corruption Increases "Why do people commit crimes so readily? Because crime is not punished quickly enough." Ecclesiastes 8:11. Surely that is the common sense answer. Corruption is increasing in our society because criminals are not punished swiftly enough.
  • 107. Civil government is called to be a minister of God's justice: "To punish those who do wrong" 1 Peter 2:14.
  • 108. God has instituted civil government as "an agent of wrath to bring punishment on the wrongdoer" Romans 13:4.
  • 109. Restitution In cases of theft, arson, or malicious damage to property, the Bible decrees restitution, the restoration of what was stolen to the owner. It is reparation for injury, or damage to property. The Bible requires that restitution goes entirely to the victim of the crime (Exodus 22:3-6).
  • 110. Christian Integrity As Christians we are called to the highest standards of integrity. We are not to fuel the corruption industry by giving in to pressure to pay bribes, or award contracts on the basis of political connections.
  • 111. Crime can be combatted and corruption can be eradicated if those who claim to be Christians will live according to Biblical principles.
  • 112. A friend of mine in Zambia, Lawrence Temfwe, worked in a bank and over the years embezzled money from it. When he was caught, he was sentenced to prison.
  • 113. There he was converted to Christ and after serving his sentence in prison, worked to re-pay the bank all that he had stolen from it. Now, according to the laws of the land, he had done the crime and paid the time. No one was expecting anything more from him.
  • 114. However, Lawrence knew from the Scriptures that he was responsible to make full restitution. What a testimony when he re-paid the bank! Lawrence Temfwe went on to become the head of Prison Fellowship in Zambia.
  • 115. "And have no fellowship with the unfruitful works of darkness, but rather expose them.“ Ephesians 5:11
  • 116. The fear of the Lord is the beginning of wisdom. As Christians we are called to love our neighbour as ourselves. To do unto others as we want to be done unto.
  • 117. We need to live the Biblical principles of honesty, integrity and courage, speaking up for those who cannot speak for themselves, being brave and bold for God. We will not lie, steal, or cheat. Neither will we tolerate amongst ourselves anyone who does.
  • 118. "Who will rise up for Me against the evildoers? Who will stand up for Me against the workers of iniquity?" Psalm 94:16
  • 119. Frontline Fellowship PO Box 74 Newlands 7725 Cape Town South Africa E-mail: admin@frontline.org.za Web: www.frontline.org.za

Editor's Notes

  1. crest of limpopo northern province
  2. RE-ELECTED ANC Limpopo provincial chairman and Premier Cassel Mathale
  3. Premier Cassel Mathale
  4. cassel-mathale
  5. Cassel Mathale - Cash-strapped provinces such as Limpopo and Gauteng have complained that pay hikes for government employees are among the reasons for their troubles.
  6. The MEC for Local Government and Housing in Limpopo, Mr Soviet Lekganyane.
  7. MphoDube the newly appointed MEC for health and social development in Limpopo
  8. ANC secretary-general GwedeMantashe has defended the ruling party's decision to investigate the recent Limpopo elective conference.
  9. Corruption info
  10. celecomm State turns blind eye to corruption, wastes our taxes.
  11. goldman_sachs_tower
  12. CEO Goldman Sachs Lloyd Blankfein
  13. Lloyd Blankfein, chairman and CEO of Goldman Sachs Group,
  14. Lloyd Blankfein
  15. Goldman Sachs Related Humor
  16. Morgan Stanley's New and Old CEO John Mack