- Written by Take2Zimbabwe
- Category: Corruption News
- Hits: 3979
Money siphoned from government institutions through corruption was enough to cater for Zimbabwe’s humanitarian aid appeal and more, the European Union has said.
This comes after government recently reviewed upwards its budget for humanitarian support adding over US$100 million to the initial US$331.5 million.
Speaking to a local radio station on Tuesday, EU head of delegation, Timo Olkonnen stated that corruption had more devastating effects when compared to sanctions imposed on Zimbabwe by the West, a narrative President Mnangagwa’s administration has since rejected.
“Corruption has a huge effect, people talking about hundreds of millions or even billions in terms of the Auditor General’s report and then you imagine that you have a humanitarian appeal for Zimbabwe for a couple hundred millions.
“Basically, that’s just a part of what is assumed to be stolen.
“It could have covered those needs for the humanitarian appeal. So I think the effect has been devastating for the economy,” he said.
Page 7 of 12