Michael Aondoakaa, attorney-general and minister of justice, on Wednesday blamed the rot in the banking sector, which led to the sacking of eight bank chiefs, as been responsible for the poor corruption rating of Nigeria by Transparency International (TI). Fielding questions from State House correspondents at the Presidential Villa, Abuja, Aondoakaa said the banking sector gave Nigeria the bad image in the international arena, stressing that President Umaru Yar’Adua’s government has so far done well in fighting corruption in the public sector. “Certainly, corruption in the banking sector influenced the rating, which also Transparency International captured in their report. People looted money in the banking sector which is public knowledge. I gave a report and I think the rating must be based on the report I gave. Once the banking sector corruption is over, we will look at other sectors that are capable of undermining the Nigerian drive to move out of the list of most corrupt nations,” he said. Aondoakaa said “with what happened in the banking sector, you must commend the Economic and Financial Crimes Commission (EFCC) and the governor of the Central Bank of Nigeria (CBN) for taking the bull by the horn.

Source:

http://www.businessdayonline.com/index.php?option=com_content&view=article&id=6231:aondoakaa-links-nigerias-poor-corruption-rating-to-banking-crisis-&catid=85:national&Itemid=340

This man is definitely cracy

That is what happens when imbeciles are appointed or elected to positions of power.

so he knew all along the root causes of corruption, but what has he done as Attorney General to prosecute any of the bank officials? foolish Anaconda