3 ms·
This is done in my country alot - both by the government and CEOs. A road in my area has been in the works for a year now. Houses were demolished, shops broken,
by vezycash 8y ago
This is done in my country alot - both by the government and CEOs. A road in my area has been in the works for a year now. Houses were demolished, shops broken, and the tarred parts of the road ripped to make a wider road.
All these were done months ago. Now the road is a dust blower when sunny. And a mud bath when it rains.
The road contractor is a private company called Arab Contractors. It's however rumored that the company is partly owned by a previous state governor.
The ex-governor privatized tax collection - and this company takes a princely percentage of collected tax.
He sold various state owned lands for pittance - sometimes directly to himself, other times through holding companies. And you know the best part? He used government funds to finance his private purchases.
He recently gave a land meant for a local government secretariat to a retail chain. I'm guessing he'll collect rent and more for the favor.
I think the law of diminishing returns applies to the criminal status of an act. After a certain number or scale, a crime is no longer a crime.
If a store manager sold inventory at half price to himself, or bought inventory from a supplier (a company he owns) he'll be in jail.