Former minister of finance, Ngozi Okonjo-Iweala has advised the president Muhammadu Buhari-led administration on how to effectively fight against corruption.
Okonjo-Iweala, who gave the advice on Monday while speaking at the Africa CEO forum, said that one way to fight corruption is to ensure that persons who steal bear the consequence of their crimes.
She further noted that the Federal Government must build institutions and systems that prevent corruption, as such will plug all forms of leakages in the system.
“We have to fight corruption in two ways; one is by punishing those who steal, and making sure they pay for what they do. But we also must plug all the holes by building institutions and systems that prevent corruption in the first place,” she said.
“If you have a financial system for running your financial accounts that is not computerised, that is not technologically based, you’re still transferring cash, as we were doing in my country up until 2003, 2004, then you’re opening up the place to a lot of people leaking,” she added.