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  • Corruption - A social disease (Part 145): Quantifying the cost of corruption

Corruption - A social disease (Part 145): Quantifying the cost of corruption

Dani Booysen
Job Amupanda said in a presentation on 6 September 2018 at the Namibia University of Science and Technology, “Namibia is not the Land of the Brave, we are the Land of the Cowards”.

We are cowards unless we hold our leaders accountable for the cost of corruption.

A leader does not engage in corrupt relationships where the language of exploitation, greed and pride are harming the poor and unemployed (Roberts).

The Namibian of 8 August 2018 ­reported that executives at TransNamib allegedly were instrumental in approving three pay-outs of N$24 million in total, while the estimated value of the services provided apparently was a mere N$3 million.

These payouts allegedly took place without quotations and/or inviting tenders.

The company was not registered for Value Added Tax (VAT) at Inland Revenue.

This case illustrates a network of connections. The current CEO, according to the board delayed providing information about the payouts to a law firm that ­investigated the matter and drafted a report to the minister, John Mutorwa.

The former suspended CEO and current ­strategic executive was reinstated without ­disciplinary hearings being finalised. The current CEO and former suspended CEO previously worked together.

Such examples feature in the media on a weekly basis, some alluding to corrupt relationships between staff members and board members, manifesting in abuse of power and irregularities. Neither corrupt ­relationships nor abuse of power as manifestations of ­corruption correlate with good leadership.

If the allegations are true, conflict of interest seems likely.

Spending N$24 million while the value has been estimated to be N$3 million is a waste of money and ­corruption.



HUGE COSTS

Fifty-one houses of N$350 000 each could have been built with the wasted N$18 million. This means a possible 204 people, at an average family size of four, were deprived of a decent home. In the process, 102 children have been deprived of a conducive environment to study and excel in life.

This is only the approximate cost of the alleged corruption, calculated on a conservative basis.

The unit cost price of a house can be halved if alternative material is used, like converting containers into houses as already done in Angola and for office use at the coast.

This means 408 people could have been provided with a home.

It is appropriate to reflect on our leaders and their awareness about the cost of corruption. What will it take for leaders in Namibia to become aware of the implications of corrupt dealings?

It is time to quantify the impact of short sighted decisions which deprive and exploit citizens.

Political and other leaders must gain an understanding of the inhumaneness of corruption.

There is an urgent need for leaders to become aware of and develop their consciousness, in order to pursue a purpose bigger than themselves.

What legacy will our leaders leave? One of devastating deterioration of the most vulnerable? Of disconnection from the people they are supposed to serve?

What will it take to hold our leaders accountable for the cost of their corruption?



References

Amupanda, J. 2018. Corruption presentation at the Namibian University of Science and Technology, 6 September, Windhoek.

Roberts, G.D. 2015. The Mountain Shadow. Little Brown: London.

Shinovene, I. 2018. TransNamib past deals haunt Tjivikua. The Namibian, 8 August.



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Premier League: Chelsea 2 vs 0 Tottenham Hotspur European Championships Qualifying: Coventry City 1 vs 2 Ipswich Town English Championship: Coventry City 1 vs 2 Ipswich Town Katima Mulilo: 12° | 32° Rundu: 13° | 32° Eenhana: 13° | 32° Oshakati: 15° | 32° Ruacana: 15° | 33° Tsumeb: 16° | 30° Otjiwarongo: 13° | 29° Omaruru: 13° | 31° Windhoek: 12° | 27° Gobabis: 15° | 28° Henties Bay: 14° | 21° Wind speed: 20km/h, Wind direction: SW, Low tide: 05:43, High tide: 12:02, Low Tide: 17:54, High tide: 00:23 Swakopmund: 16° | 19° Wind speed: 19km/h, Wind direction: W, Low tide: 05:41, High tide: 12:00, Low Tide: 17:52, High tide: 00:21 Walvis Bay: 16° | 25° Wind speed: 28km/h, Wind direction: W, Low tide: 05:41, High tide: 11:59, Low Tide: 17:52, High tide: 00:20 Rehoboth: 14° | 29° Mariental: 17° | 31° Keetmanshoop: 19° | 31° Aranos: 16° | 31° Lüderitz: 15° | 25° Ariamsvlei: 18° | 33° Oranjemund: 14° | 22° Luanda: 25° | 28° Gaborone: 14° | 27° Lubumbashi: 12° | 26° Mbabane: 12° | 26° Maseru: 11° | 25° Antananarivo: 13° | 24° Lilongwe: 13° | 27° Maputo: 19° | 28° Windhoek: 12° | 27° Cape Town: 15° | 19° Durban: 17° | 28° Johannesburg: 16° | 25° Dar es Salaam: 24° | 28° Lusaka: 15° | 27° Harare: 13° | 28° Currency: GBP to NAD 23.16 | EUR to NAD 19.9 | CNY to NAD 2.54 | USD to NAD 18.5 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.31 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.68 | ZWL to NAD 0.04 | BRL to NAD 3.62 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.93 | USD to AOA 834.06 | USD to BWP 13.64 | USD to EGP 47.9 | USD to KES 133.98 | USD to NGN 1379 | USD to ZAR 18.5 | USD to ZMW 27.1 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 76428.31 Up +0.50% | Namibian Stock Exchange (NSX) Overall Index 1700.24 Up +0.45% | Casablanca Stock Exchange (CSE) MASI 13322.85 Up +0.03% | Egyptian Exchange (EGX) 30 Index 26113.71 Up +6.81% | Botswana Stock Exchange (BSE) DCI 9146.09 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 300.39/OZ DOWN -0.0101 | Copper US$ 4.52/lb DOWN -0.0034 | Zinc US$ 2 924.30/T DOWN -0.08% | Brent Crude Oil US$ 83.51/BBP DOWN -0.0093 | Platinum US$ 954.33/OZ DOWN -0.0012