This article considers the largest documented ‘gold’ fraud on the African continent to this day [1] . The scheme involved, Goldenberg International Limited that would ‘export gold and diamonds fictitiously’ in exchange for substantial subsidies from the government for ‘earning’ foreign exchange. This constitutes an important case study of the interaction between the creation of a partially liberalized trade and exchange rate policy environment in Kenya and the deeply embedded culture of corruption in the country that was the cause in effect of the GIL scandal. Keywords: Goldenberg, Gold, Fraud, Africa DOI : 10.7176/PPAR/10-2-02 Publication date: February 29 th 2020 [1] This paper is dedicated to the memory of the late David Sadera Munyakei who, while working as a clerk for the Central Bank of Kenya, provided information to opposition members of the Kenyan parliament in 1993 on the ‘exports’ of gold by Goldenberg. For his trouble Mr Munyakei was, fired from the Central Bank of Kenya, imprisoned and spent the rest of his life in relative poverty in Mombasa. This is a reminder, if more were ever needed, of the high price that honest men and women pay for telling the truth. He died in 2006.
这篇文章考虑了迄今为止非洲大陆最大的有记录的“黄金”欺诈[1]。该计划涉及Goldenberg International Limited，该公司将“虚构地出口黄金和钻石”，以换取政府的大量补贴，以“赚取”外汇。这是对肯尼亚部分自由化贸易和汇率政策环境的创造与该国根深蒂固的腐败文化之间相互作用的重要案例研究，腐败文化是吉尔丑闻的原因。关键词:Goldenberg，黄金，欺诈，非洲DOI: 10.7176/PPAR/10-2-02出版日期:2020年2月29日[1]本文致力于纪念已故的David Sadera Munyakei，他在担任肯尼亚中央银行职员期间，于1993年向肯尼亚议会反对派成员提供了关于Goldenberg“出口”黄金的信息。由于他的麻烦，Munyakei先生被肯尼亚中央银行解雇，入狱，在蒙巴萨相对贫穷的环境中度过余生。如果还需要更多的话，这是一个提醒:诚实的男人和女人为讲真话付出了高昂的代价。他于2006年去世。
{"title":"An Anatomy of Grand Fraud: The Goldenberg Scandal and the IMF/World Bank","authors":"R. Grynberg, Fwasa K. Singogo","doi":"10.7176/ppar/10-2-02","DOIUrl":"https://doi.org/10.7176/ppar/10-2-02","url":null,"abstract":"This article considers the largest documented ‘gold’ fraud on the African continent to this day [1] . The scheme involved, Goldenberg International Limited that would ‘export gold and diamonds fictitiously’ in exchange for substantial subsidies from the government for ‘earning’ foreign exchange. This constitutes an important case study of the interaction between the creation of a partially liberalized trade and exchange rate policy environment in Kenya and the deeply embedded culture of corruption in the country that was the cause in effect of the GIL scandal. Keywords: Goldenberg, Gold, Fraud, Africa DOI : 10.7176/PPAR/10-2-02 Publication date: February 29 th 2020 [1] This paper is dedicated to the memory of the late David Sadera Munyakei who, while working as a clerk for the Central Bank of Kenya, provided information to opposition members of the Kenyan parliament in 1993 on the ‘exports’ of gold by Goldenberg. For his trouble Mr Munyakei was, fired from the Central Bank of Kenya, imprisoned and spent the rest of his life in relative poverty in Mombasa. This is a reminder, if more were ever needed, of the high price that honest men and women pay for telling the truth. He died in 2006.","PeriodicalId":335877,"journal":{"name":"African Gold","volume":"142 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116570553","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：