CPI: Aondoakaa was wrong, TI says – Daily Trust
November 20, 2009 by Bunmi Awolusi
Transparency International (TI) said yesterday that Nigeria’s poor rating in the Corruption Perceptions Index (CPI) survey this year was not caused by the recent fraud in the banking sector as claimed by the Attorney General of the Federation Michael Aondoakaa.
Aondoakaa said on Wednesday that the recent crisis in some banks which cost the country nearly a trillion naira owing to issuance of non-performing loans made Nigeria slip on the CPI rating.
In the latest rating, Nigeria dropped from number 121 last year to 131 least corrupt country out of 180 countries surveyed,tying with Mauritania, Libya and Lebanon.
Secretary General of Transparency in Nigeria (TIN) Osita Nnamani Ogbu told Daily Trust yesterday, “We do not agree that it is the bank crisis or the private sector that negatively affected Nigeria’s rating.”
