MinBane

Helt ute av sporet (Okumala ekigwo okulyaku kya okuziga)

Archive for the category “Corruption”

U.S. Senate Committe of Finance letter to DHS on Trump Resorts (14.09.2017)

#BoUPens: BoU bought cheap Cross Ball-Pens for a fortune!

I hate to say it, but the magical pens from the Bank of Uganda (BoU) wasn’t a fairy-tale as expected. It was a cheap corporate pen, that was bought for astronomical sums. They are not so expensive after all. It is Cross Rolling Ball Pen Nor Onyx AT0155-1, the price of this not as high as the Bank paid for it. Unless, they wanted to pay of their importers major profits, however, the Bank must have connections with the traders who sold it to them. If not, why did they pay so much for Cross Ball Pen in the first place.

First, the social commentary from earlier this month:

Hey, Bank of Uganda, the glorious BoU, if you ever need any sort office equipment. I can sell it to you and at lesser cost. It will be fraction of the 357,000 Uganda Shillings per Pens or 125m shillings for 350 pens. At the dollar-rate, you paid $105 United States Dollar for each pen, they must be magnificent and the best pens ever made for the mankind” (Minbane – ‘ Opinion: Bank of Uganda must have bought magical pens!’ 16.08.2017 link: https://minbane.wordpress.com/2017/08/16/httpwp-mep1xtjg-5gh/ ).

Than, by the price of $105 USD for every single Cross Ball Pen, which was made in China. These Ball Pens are really overpriced. On the American Amazon.com price are $36.62. The Amazon product explanation: “Onyx black resin finish with polished chrome appointments – Click off cap accented by a wide chrome band and a sophisticated perforated clip design – Includes one black gel ink rollerball refill (#8523) in pen – Cross Rollerball pens can be converted into a ballpoint pen or creamy porous felt-tip pen by changing the refill to desired type of tip (Refills sold separately) – Presented in a gift box” (Amazon – ‘Cross Aventura Onyx Black Rollerball Pen (AT0155-1)’ link: https://www.amazon.com/Cross-Aventura-Black-Rollerball-AT0155-1/dp/B0017UGOZC).

So if the Bank of Uganda are importing the pens, than the price would go up. Both most like not cost more than maybe around $60 USD a pop. Clearly, the BoU are liking the idea of the overpaying the pen. The Bank might have bought it from places like Corporate Gifts Pens, there they would get discounted for amounts of pens they would by. That is like if they buy over 100 pens, around $24,79, so the price of pens would be cheaper. Even engraved pens cost added on that page $5 each, that means the price would be around $29,79.

Still, with that the price difference are $70-75, which has to paid extra to the providers or suppliers. The government and the Bank of Uganda must be really proud of who they bought it from. If not, the Chairman or the leadership of the BoU really know the family or written-off the profits to paid their mortgage.

This here was not about quality or unique pen. Just a very ordinary pen. Not even in the quality of the Parker Pens. The BoU has really scammed the people and the Bank doesn’t care about the misuse of state funds. Peace.

Opinion: President Museveni praises Equatorial Guinea for it’s rampant Oil-Corruption; wants to learn his tricks!

In these days the President Yoweri Kaguta Museveni of the Republic of Uganda are on a state visit in Malabo, visiting and learning tricks from the Equatorial Guinean President Teodoro Nguema Obiang, who has used the oil to enrich himself and his loyal subjects. Not build a welfare state, but make sure the family of Obiang get wealthy. Certainly, Uganda is preparing for their own oil production in the Lake Albertine basin, as the pipeline building from the production to the Port Tanga in Tanzania.

This is why President Museveni are visiting Equatorial Guinea to learn the tricks of the trade, as the state of Uganda are still in the dark of the oil-deals between the international companies and the state. We can wonder how the funds will be spoiled and how Museveni plans to use the oil funds for personal gains. If so, he wouldn’t praise President Obiang, who has his whole career to spend the oil profits from his republic. This is what Museveni wants to learn, since his career has been tricking out all sorts of play from Ugandan republic. The petroleum profits can be misspent and hidden just like in the republic of Obiang. Take a look!

President Museveni’s praise:

We are therefore in Equatorial Guinea for two things: looking at how to support prosperity of one another and how to push for our strategic security. I also congratulate Equatorial Guinea for using it’s oil and gas very well. When I was last here for the AU Summit, I noticed gaps between the airport and the city centre. Today, all these gaps were gone. In their place are new, well-planned buildings. And I see the city is refurbished. Some people say oil is a curse but in Equatorial Guinea it is a blessing” (Yoweri Kaguta Museveni, 26.08.2017)

Business in Equatorial Guinea:

Since the discovery of the offshore oil deposits, many investors have shown great interest in the country. Foreign direct investment inflows into the country had thus been consistently high for the past years. Nevertheless, in 2016 the FDI inflow amounted to USD 54 million, a sharp decrease from USD 233 million recorded the previous year (and the historical peak of USD 2.73 billion in 2010) . The total stock of FDI in the country is currently at USD 13.4 billion” (…) “Corruption in particular is problematic. In addition, the business climate of the country remains rather unfavourable for investment. Cumbersome procedures and high compliance costs slow licensing and make starting a business more difficult. Weak regulatory and judicial systems may discourage foreign investment as well, along with high credit costs and limited access to financing. The government controls long-term lending through the state-owned development bank. Equatorial Guinea ranked 178th out of 190 countries in the 2017 Doing Business report published by the World Bank, losing three spots compared to the previous year” (Santander Trade, 2017).

Son of the President on trial:

The corruption trial of Teodoro Nguema Obiang Mangue, the son of the president of Equatorial Guinea, ended in Paris on 6 July with the prosecution calling for a three-year jail term, a €30 million (US$34 million) fine and the confiscation of assets. The Tribunal will return a verdict on 27 October. The 48-year-old vice-president of Equatorial Guinea was not in court to hear the prosecution’s claim that he used money stolen from his country’s treasury and laundered through a shell company to fund a lavish lifestyle in France” (Transparency International, 2017).

This was what that is well-known of the Equatorial Guinea corruption and the son of President has also had challenging cases in the United States. Now the son is also having alleged fraud and criminal charges in France. Clearly, the Ugandan President has already known for corruption behavior. Therefore, even a state agency of PPDA has some words, that the government needs strict regulations before procurement and infrastructure development. This will be clearly important when it comes to petroleum industry. Take a look!

PPDA strict regulation on public procurement:

Public procurement is a key pillar of the public financial management system. The country’s budget and plans are translated into actual services to our people through the public procurement system. It is also the link between the public sector and the private sector as it is the medium through which the private sector does business with Government. Public procurement therefore involves large sums of money and as our budget grows with the priorities of Government remaining infrastructure development, the proportion of the budget earmarked for public procurement remains significant and therefore calls for strict regulation” (PPDA, 2017).

Audits and investigations by the Public Procurement and Disposal of Assets indicate that corruption in the procurement process manifests more in the evaluation of bids, reported to be at 58%. PPDA’s Manager Capacity Building Ronald Tumuhairwe says such corrupt practices lead to awarding of contracts to incompetent individuals hence shoddy works in several government projects” (…) “He adds that the second process where corruption manifests is awarding of contracts at 12.5%, followed by receipt and opening of bids, reviewing evaluation of bids, advertising and signing of contracts” (Sebunya, 2017).

President Museveni clearly has own agencies saying it is important with strict regulations on procurement and infrastructure developments like the ones needed for oil industry in the republic. The regulation of oil industry is lax, to make sure the state isn’t transparent with its profits and taxation of the industry. This is what Museveni wants, that the state and the public doesn’t know the contracts or the agreements between the parties involved. That is something President Obiang surely have the capacity to teach Museveni. And how to make sure his family is earning from the state resource, instead of the public and the state itself. Peace.

Reference:

Transparency International – ‘ON TRIAL FOR CORRUPTION: FRENCH PROSECUTORS DEMAND JAIL TERM AND €30 MILLION FINE FOR OBIANG’ (11.07.2017) link: https://www.transparency.org/news/feature/on_trial_for_corruption_french_prosecutors_demand_jail_term_and_30_million

Santander Trade – ‘EQUATORIAL GUINEA: FOREIGN INVESTMENT’ (August 2017) link: https://en.portal.santandertrade.com/establish-overseas/equatorial-guinea/investing-3

Sebunya, Wycliffe – ‘Corruption manifests most in the procurement process – IG’ (25.08.2017) link:http://radioonefm90.com/corruption-manifests-most-in-the-procurement-process-ig/

PPDA – ‘EVALUATING INNOVATIVE ANTI CORRUPTION POLICIES IN PUBLIC PROCUREMENT IN UGANDA’ (02.08.2017) link: https://www.ppda.go.ug/evaluating-innovative-anti-corruption-policies-in-public-procurement-in-uganda/

A brief look into Fox News defense [this week] of Trump considering the Russian Probe!

Walter Kirn on Fox News Nework the 6th August 2017 : “Every 6 months people are gonna look up and see this country changed, they’re still gonna be talking about Russia”.

There always certain types of apologist, just as some defend Martin Luther, other defend John Calvin and even some Judas. At this point in the political spectrum as the evidence and the leaks of investigation into the President Trump Campaign of 2016 are hitting the public. There will be drawbacks and be speculations. Certainly, there are hoover-crafts and snipers trying to debunk every single piece of clue or tarnish the investigation. The grandest part of that is the Fox News Network and their allies. Who are embedded with the Presidency. They are not like the rest, who question the evidence and asks why the President and his associates acted like they did. They are like State TV at this point. That is why I have looked into this weeks special efforts to defend Trump. Because it shows the strangeness of it all. Especially, since these conservatives and these patriots would be horrified if Barrack Obama had a collusion practice with a foreign power and with an adversary. However, when it concerning the master and ideal prince of hope Trump, he cannot do nothing wrong, even if he do? Does it matter. The defenses from Fox News, should not surprise anyone. Therefore let’s take a look at just a few!

It’s Okay that the President is a Crook!

So does it matter to you whether or not the president is a crook? The answer for a lot of Americans may be no. With the revelation that a grand jury is looking at evidence against members of President Trump’s 2016 campaign team, we move closer still to the possibility that someone could be in very big trouble. Special Counsel Robert Mueller and his squad are moving fast, and the likelihood that some charges will be brought can no longer be ignored. It is not hard to imagine a moment in the very near future where some associate of the president is in the dock, charged with misdeeds relating to Russian interference in the 2016 election” (Stirewalt, 2017).

YES, it should matter if the President are a criminal and done illegal activity, he is not above the law. If he worked with foreign powers to gain the presidency, he could be blackmailed and could be forced not to work in the faith of the constitution, but of the will of the foreign powers. That is worrying for any independent office and any state official if they are colluding with foreign powers. If it didn’t matter, why had the National Security Advisor Michael Flynn had to resign just days into the Presidency for the paid work for the Turkish. If that is an issue, than it should be bigger issue if the President are doing the same for Kremlin and the Russians. That is why it matters.

Judge Jeanie defense of Trump:

““Folks, this was a cover-up of an illegal meeting, collusion, between Bill Clinton and the attorney general after which the FBI interrogated Hillary then exonerated her after which Hillary brazenly proclaimed, if she won, she would hire Loretta Lynch as her attorney general,” said Pirro. “So while this country is now virtually paralyzed with fake news stories of collusion, I ask you, what evidence, give me one piece of evidence, one iota of something that Donald Trump’s campaign colluded with the Kremlin. … You haven’t heard one piece of evidence for 8 months, 24/7 collusion between Donald Trump and Russians.” (Baker, 2017).

The investigations, the 6 of them, with even public hearings and questioning has showed no clear evidence. So that the “judge” are still directing and wanting to detain and to criminalize Clinton is just sad. It shows the double-moral of the Fox News Broadcaster, which can address the Clinton’s for their misgivings, but if Trump does the same or even worse. It doesn’t matter, because he is Republicans and Republicans can acts as they like. Trump has questionable connections with Russians, both in business and during the campaign. The ones that are picked to positions are also connected with Russian associates. It is hard not to find anyone who isn’t connected, who hasn’t had agreements and had trades with Russians at some point in the cabinet and in the White House. Everyone has met and done shadow agreement with Kremlin associates. So Judge Jeanie should boggle about that and wonder why there are no-one who are in the public light who hasn’t had something with an oligarch or with anyone associated with the Kremlin to do.

Normalizing “Grand Jury” of Mueller investigation:

As an old Justice Department reporter, I can tell you this is utterly routine. Prosecutors regularly convene grand juries to question witnesses and gather evidence. It’s what they do. The shocker would have been if Mueller completed his investigation without bringing in a grand jury. In fact, as the Journal story notes, there already was a grand jury, across the river in Alexandria, that the FBI was using in this case before Mueller was appointed. But in the public mind, “grand jury” is associated with “indictment.” And notwithstanding the old adage that a prosecutor can get a grand jury to indict a ham sandwich, the former FBI director could conclude that nothing in the case rises to an indictable offense—at least as far as the president and his inner circle. We have no way of knowing that, and neither does Mueller” (Kurtz, 2017).

This is the only little sense from the Fox News commentators. Since it is an ordinary thing to do, but not with an investigation into a President. Since the Grand Jury are signaling that the prosecutor planning to dig deeper and look into Trump and his associates with more subpoena’s, where he can legally get more paperwork and more evidence for criminal conspiracy. This is not a short-con, but taking down a long-con. Who has not been open with business transactions and Trump Organization before getting public office. The business model and the transactions done can be in question, since the President never revealed this and might only happen through a criminal investigation.

Katrina Pierson on Fox News on the 6th August 2017 said: “There has been no evidence found. Even Democrats are saying we have no evidence. Collusion is not a crime”.

He has been sued over 1000 times for all sort of financial tricks and frauds. Still, the vision of a clean business are not something that seem likely, if so, he would have released the IRS Tax Returns like the Clinton’s did within their campaign. There are some secrets that will reveal some shady stories the Trump family and associates wants to hide from the public. Peace.

Reference:

Baker, Trent – ‘Judge Jeanine: Meeting Between Loretta Lynch, Bill Clinton Proves U.S. No Longer True to Declaration of Independence’ (05.08.2017) link:

http://www.breitbart.com/video/2017/08/05/judge-jeanine-meeting-between-loretta-lynch-bill-clinton-proves-u-s-no-longer-true-to-its-declaration-of-independence/

Kurtz, Howard – ‘Grand jury bombshell rocks media, but calm down: This is what prosecutors do’ (04.08.2017) link: http://www.foxnews.com/politics/2017/08/04/grand-jury-bombshell-rocks-media-but-calm-down-this-is-what-prosecutors-do.html

Stirewalt, Chris – ‘Would you even care if he was guilty?’ (04.08.2017) link: http://www.foxnews.com/politics/2017/08/04/would-even-care-if-was-guilty.html

Malawi: Warrent of Arrest against the Former President of the Republic of Malawi, Her Excellency Dr. Joyce Banda (31.07.2017)

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