While Egyptians celebrate the departure of Mr Mubarak the president of Egypt who ruled the country for 30 years; The Swiss government has announced the freeze of all possible Mubarak’s assets after his departure late yesterday. The process includes any potential asset belonging to the then president and his associates. Apparently the Global Financial Integrity, a Washington group that tracks corruption in the developing world, estimates $57 Billion (vijisenti) illicit assets left Egypt between 2000 and 2008.
The freeze will prevent Mr. Mubarak access to the money until its proven the money were legally acquired and the source is succinctly clarified. Recent information says similar freeze is been applied to the Ex-President of Tunisia Zine El Abidine Ben Ali.
Read more: http://online.wsj.com/article/SB10001424052748704329104576138451664628050.html?mod=googlenews_wsj#articleTabs%3Darticle (11-02-2011)
Blogger’s opinion: Developing countries leaders must know the responsibilities and honor that the citizens have bestowed in them. It’s no doubt they know accountability is a must for they were put in office by the so called people power. It’s therefore clear that, the same people who have the right and power to remove irresponsible leaders out of office.
In essence being in office as a representative of the people does not mean the time to represent the family, friends and yourself. But working diligently to represent fully the people in all aspects of life; I. e social, political, economical, technological and cultural aspects that could foster the national development in general.
NB: I wish constitutions had acts that allow electing leaders ‘IN’ and ‘OUT’ of office. This means irresponsible leaders, power mongers, puppets and corrupt leaders could have been voted out of office in an orderly, democratic and peaceful means. Easy!
