Minister Blames Corruption On IMF
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New Vision (Kampala)
October 27, 2004
Posted to the web October 27, 2004
Joyce Namutebi
Kampala
LOCAL government minister Tarsis Kabwegyere has criticised the International Monetary Fund (IMF) and World Bank, saying much of the corruption in Uganda stems from them.
Addressing the national public dialogue on political corruption at Hotel Africana yesterday, Kabwegyere said 70% of the corruption in Uganda derived from the World Bank and IMF.
He also clashed with the former state minister for ethics and integrity, Miria Matembe, who said there was no political will in the country to fight corruption.
The dialogue is part of the activities to mark the anti-corruption week, running from October 25 to 31.
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Kabwegyere wondered why banks were charging high interest rates on loans.
"The money we are getting is illegitimate. We go begging from sources elsewhere. Is it a legitimate way of living?" he asked.
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