12. Advertising agency: The latest corruption scheme I have heard of is a clever way of transferring public money into private hands while everything looks clean on paper.
Under the impulse of the World Bank and the IMF, many African states have created numerous public agencies managed as a business unit, following best business practices, unhindered by public administration rules. Some clever individuals have discovered they could make lot of money by creating advertising companies which would provide consulting and services to these public companies.
In one case, as high as 20 to 30% of the public company revenues are transferred to corrupt officials and their families through advertising deals.
No one has ever been put in prison for bad advertising results.
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