Jacob Zuma Quotes
Theft and corruption in the private sector is as bad as that in government and must be dealt with decisively by law enforcement agencies.
Zuma, Jacob. State of the Nation Address. Parliament of the Republic of South Africa, 11 Feb. 2016.
4 weeks later Lance resigned as Budget Director over ethical lapses.
At the fall of the Soviet Union, the sell off of much of the state assets to private enterprise fell into the control of a few, so called oligarchs. Many of these looted the enterprises that they controlled. None the less, they were considered leading citizens and many were politicians.
In the economic meltdown of 2008 and the aftermath, there were so many criminal violations of law in the financial industry that even the Democratic administration of Barack Obama chose not to jail the violators but to levy some large token fines albeit ones which were very affordable for the institutions who had to pay them—in many cases paying them with money made as a result of profits on no-interest money they received in bailouts after the 2008 Meltdown.
He was addressing the technique of the Special Prosecutor who had been appointed to investigate the relationship between the Donald Trump presidentical campaign and the Russian interference with the 2016 Presidential Campaign
A few years later Mitchell himself was convicted and sent to prison.
The President had just been reelected, and wanted an investigation of the Bank of the United States. The “hydra” was a mythical many headed animal which was difficult to kill.
It was very common to have tax collectors take a percentage of their collections as a commission and to be able to appoint sub tax collectors who also took commissions. On top of that, most tax collectors underreported the amount that they collected and pocketed the difference. At the time, Spain was worse than most Christian nations.
Jacob Gedleyihlekisa Zuma is a South African politician who served as the fourth democratically elected President of South Africa from the 2009 general election until his resignation on 14 February 2018. Zuma is also referred to by his initials JZ (pronounced jay-zee) and his clan name Msholozi.
