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Saturday, October 4, 2008

Frauds-an overview from here

I had been thinking abt this lately...if got a chance to fraud someone or some organization, how much would I siphone off!!!.....After a long perusal of the matter at hand, I came to a conclusion that it shouldnt be more than an Crore Rs or a 200,000 $s....thats the extreme it can go...

So based on this, when I learnt about the amount of money defrauded in the Global Fund scandal in Uganda, I was astonished, shocked, delighted (at them) and pityfull (at the country and the donors), all at the same time. Individuals scammed a total of over 210 Million US$s from the Global Fund money allocated to Uganda. The money that was to be used to buy anti-malarial drugs, to be used to eradiction of diseases, infrastructure etc. That amount in itself could be some small country's year's GDP, that money could had been brought to so may more better uses. My frustration(and many others) must have come to the highest limit when you get to know that no one found guilty of the fraud has been punished yet and not a cent has been recovered. How can some one be so blatant and blind to tolerate such a fraud. From the stories I heard, the bill for a lunch during this siphonage was UGX 70,000 each plate at a village restaurant. Thats like 41$s for a lunch. It wont even cost me that much on moon to have lunch.

Just when we were coming out of it, came the NSSF-Temangalo land saga. NSSF is a body that manages money retirement security of workers in the country. So when they were said to have bought wetlands and lands for twice or thrice the amount of normal land in normal places. What makes it more pathetic and worse than Global Fund fraud is that the money used here was from the pockets of the poor working class. The money here in question is about 11 billion shillings approx. equal to US$6, 470,000, which is a alarmingly large sum of amount. The battle is still going on for the same, so we dont actually know who is the culprit. 

So today is weekend and I would be having a bland weekend again. I dont expect to booze today and most probably wont be tomorrow too. Neither am i expected to be going to some place cool here in Kampala. So I m at home, anyone wants to have fun drop home. Anyone's invited.

cheers
santos

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