Governments and their irrelevant projects just to steal public funds

[peter0425]

Use your vote to get rid of corrupt governments.

Some countries are far beyond saving at this point. I’ve heard people lose hope for my country because it’s so corrupt and contaminated that no matter who you vote for, there would always be a way for them to cheat and make whoever the richest win.

At this point the only thing to do is to leave the country because almost all politicians that are elected are useless and are only contributing to the problem.

[EarnOnVictor]

Should I advise you? This kind of discussion should be written in your local thread for effective discussion. Though I don't know your country, nevertheless, you sound like a typical Nigerian. What you wrote will be strange to many people, even to those people living in a poor country because the corruption allegation may not be so obvious/pronounced as much as you alleged in their countries.

This type of thing is not only prominent in Nigeria. I am not sure if OP is nigerian but it also sounded relatable to me and I am from Asia. We have always wondered why the government seemed to prioritize doing useless things over solving actual problems.

Oh, Asia, agreed. Still, can you tell me the part of Asia you are talking about? Just to relate what the OP narrated to what is happening or happened
in the country. Regardless, before the last administration in Nigeria towards the time of the general election, the CBN governor did a thing that was believed to be political. He did it so that there would not be an undue advantage for any candidate in a way that would not encourage vote buying that is plaguing the Nigerian electoral system.

He actually changed the face of the national currency towards that time, banned the old notes and made them useless because the old notes were believed to have been hoarded in their trillions at that time. This eventually worked, as it reduced vote buying and even reduced kidnapping which is another epidemic in the country. But there were panics as well due to the careless way he handled it. This caused the whole country to experience a cash crunch and it affected the economy, it was indeed bitting.

I experienced this, which was why know. But this section of the forum is global, how many people would know?

[Jawhead999]

If that is what the government department of finance and the central bank are doing, they will get a lot of money, but just like what others have in mind, what is the bearing in the economy of having proper and changes in the bills design?because there seems to be no change in its value....

Of course there's no change at all for it's value, what they want is how to legally steal the money from the country, so the senior government official will earn a lot money. This is why when there's a competition or contest which created by corrupted government, I'm sure the winner is people who work for the government.

Use your vote to get rid of corrupt governments.

Unfortunately most people who live in corrupt countries are also corrupter

They won't use their vote to get rid of corrupt governments, as long as they get a share, they will shut their mouth.

[|MINER|]

After implementation of large projects in underdeveloped countries, the impact on the public is much greater.  Because the money spent on these projects is collected from the general public through various types of taxes.  Which is very difficult for the people of a developed country.  Because in an underdeveloped country a citizen struggles to provide for himself and family needs.  There, their lives became more miserable as they had to repay the debt imposed by the government.  Many people do not know that the government has imposed debt on them.  And unknowingly they started paying that day.

[jrrsparkles]

I don't know government print money just to spend it on a project and take some funds from it to their pockets but definitely politicians take a cut in every projects that comes under their rule and it just goes as black money into an offshore account and it's happening everywhere not just in the underdeveloped nations.

[avikz]

What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?

Meanwhile such is been an undeveloped country which the implemented bill for such valueless project is big enough to create infrastructures with the potentials of building the masses with valuable skills and otherwise a national financial revenue.

Do we assume it is still one of the money laundering strategies that the government intentionally creates loopholes in other to steal the public funds? Because even after the implementations and execution of Such projects, the same governments clamours that the nation has run out of funds after giving accounts of those irrelevant executed projects.

Yes! It sounds like an useless project. But as long as they do not cancel the existing notes, the spend on this should be minimum. But if the government is planning to cancel the existing notes and replace them with the new currency, then there are bigger game going in the background which is cleaverly disguised.

Governments usually do this kind of stuffs when they need to divert people's mind from a more important issue. Also as you say, it create opportunities for money laundering as well.

[slapper]

This whole government "currency redesign" thing? It's a joke. We gotta stop buying into their bull****. They wanna spend money on fancy new paper, but schools are crumbling, roads look like they went through a war, and people can't afford basic healthcare. Totally pointless. This ain't about making things better. They wanna distract you from the real problem: an economy that's on life support. These politicians are playing three-card monte with our future, hoping we're stupid enough to fall for it. We need to be smarter than that.

Imagine what we could do with that money. Train people for real jobs, build stuff that actually benefits society. Help those struggling, give them a chance. Instead, they're pissing it away on some designer version of Monopoly money. Forget the pretty pictures, we need substance. This ain't a left or right thing; this is about common sense and demanding better. We gotta quit being pawns in their game. It's time to hold them accountable. Where's the investment in our future? Where's the real plan to fix this mess? We deserve more than empty promises and shiny distractions.

[aylabadia05]

Do we assume it is still one of the money laundering strategies that the government intentionally creates loopholes in other to steal the public funds? Because even after the implementations and execution of Such projects, the same governments clamours that the nation has run out of funds after giving accounts of those irrelevant executed projects.

In terms of getting benefits from them for them, it is very easy to understand without having to think like the way an expert produces a masterpiece that is useful for the next generation.
The government has power over whatever it wants. They also have colleagues who can be hired in fields they specialize in that are not opposite to theirs.

When we mention the name of the government, in almost all countries, if we follow developments, we always find the negative side is greater than the positive side.

I am no longer surprised by them in how they get what they want even though they have a mission to improve the welfare of the people, but behind it all, a very small percentage of their thoughts focus on the welfare as stated in the vision and mission while leading.
In terms of what you mean, I think you can use your own analysis of what and how it really is.

[angrybirdy]

This whole government "currency redesign" thing? It's a joke. We gotta stop buying into their bull****. They wanna spend money on fancy new paper, but schools are crumbling, roads look like they went through a war, and people can't afford basic healthcare. Totally pointless. This ain't about making things better. They wanna distract you from the real problem: an economy that's on life support. These politicians are playing three-card monte with our future, hoping we're stupid enough to fall for it. We need to be smarter than that.

Imagine what we could do with that money. Train people for real jobs, build stuff that actually benefits society. Help those struggling, give them a chance. Instead, they're pissing it away on some designer version of Monopoly money. Forget the pretty pictures, we need substance. This ain't a left or right thing; this is about common sense and demanding better. We gotta quit being pawns in their game. It's time to hold them accountable. Where's the investment in our future? Where's the real plan to fix this mess? We deserve more than empty promises and shiny distractions.

do you know what else is funnier? here in our country, even though the roads and other infrastructure are in good condition, they destroy them and keep plowing to fix them, for what? So that they can show something to the financial department of the country when they pass a financial statement that they used the money and it went to the project which is a big joke because people can see what those who sit in the government are really doing, In that way, they see that the money they can pocket is bigger and the project will be issued as having an exact or overbudget but the truth is that it has already gone to their bank accounts.

[Fortify]

What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?

Meanwhile such is been an undeveloped country which the implemented bill for such valueless project is big enough to create infrastructures with the potentials of building the masses with valuable skills and otherwise a national financial revenue.

Do we assume it is still one of the money laundering strategies that the government intentionally creates loopholes in other to steal the public funds? Because even after the implementations and execution of Such projects, the same governments clamours that the nation has run out of funds after giving accounts of those irrelevant executed projects.

The particular scenario you describe is often driven by two things: 1) an attempt to reduce counterfeit bills that circulate in the economy and 2) because all notes in the economy will also wear away over time and they need to be refreshed. Depending on the security measures that were put in place on older notes in some countries they are extremely vulnerable to fakes getting into the supply, so new notes are often a remedy with better security features. It can also be used to flush out cash heavy individuals who might otherwise be finding ways to avoid paying tax. The second part is the need to replace damaged and worn notes over time, so why not publish new designs with waves of new notes that enter the economy.

[Faisal2202]

Governments in a country have different authorities, they work collectively but they don't loot collectively they loot people's funds individually. Mean in a command line, from top to bottom, they don't loot people's money by some planning. There is one fault person in that command line who is greedy and uneducated also, so he do anything for money. This means there are hundreds of projects being approved by the government of a country and then giving the responsibility to different individuals on the command line. Then they start looting the funds assigned by the government.

The point is, overall projects do not always serve the main purpose of looting people's money. But if we talk specifically about the new currency notes, or designs then the method is also different in different countries. In our countries, we still use paper money while in many countries they use plastic notes. The different is huge, the benefit is a lot in plastic notes while paper notes have their own perks The design method is also different. our government set a competition among the designers of the country that they have to submit there designs of new currency notes, and the winner will be awarded with goof amount of money. This method is so cost effective in all ways. But still, those who know how to hide money off the book, they always do it without any doubt.

[Gozie51]

Do we assume it is still one of the money laundering strategies that the government intentionally creates loopholes in other to steal the public funds? Because even after the implementations and execution of Such projects, the same governments clamours that the nation has run out of funds after giving accounts of those irrelevant executed projects.

Like you have rightly observed. If you don't create avenues to do project whether elephant projects or kangaroo type then you won't see loopholes to channel stolen money because they have to write them up in expenses to carry out the job. Government doesn't really have that kind of sympathy for the people, they are majorly interested to feed their pocket before coming down to the people but soonest it will be time for another election. This is the circle of what goes on unfortunately.

[iBaba]

Should I advise you? This kind of discussion should be written in your local thread for effective discussion.

Agreed.  I have no idea what OP is talking about exactly, and as is typical for members here, very little details are supplied as to what's supposed to be the topic.  I initially thought this might be about the US government and all of their excess spending on idiotic shit, but apparently not.  That's fine, too since government waste has been a contentious subject likely since the beginning of society and governments.

But if I may ask, how can citizens effectively engage the government in that they can curb some of these corruption cases in the financial sector across the world. Because most of us will agree with me that what O.P. said, even though it is peculiar to a country where he probably comes from or resides, it is not out of place for many other countries out there that are suffering from financial corruption in government, where government initiates projects that end up with no true sense of meaning.

A country with almost a zero impact yet allocates humongous amounts of money to such projects which end up not successful or initiated. There are situations where countries leave with moribund projects, much more than completed projects or ongoing projects. How does the society, the citizens, the represented be able to curb this financial corruption in the government system if it is through probing?

How do we effectively probe the government to bring them to an account? Because you do not expect a solution from the same system of government that is engaging in such acts. Rather, I feel like the larger society should be able to have a mechanism or an instrument so strong enough to resolve these issues themselves.

[Hamza2424]

<snip>

I do not have very accurate words for that as I do not have an idea of the environment of your country so you may know well better than me but I have kinda idea that the government is putting the public in a big mess as most of the country government come into the power just to fill their own accounts/bags/pockets they really do not care about the middle-class people if in any case, they do some good projects they are just to show off it in front of the public eye just to make clean themselves.

The government should focus on those things that can make the country's economy strong and should bring those projects in the country that offer employment to the unemployed people which as result from these things will happiness in the country and we will see the country growing day by day.

[Issa56]

What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?

I don’t know maybe is happening only in my country, but the government keeps on spending money on things that are not really necessary, what you said happened in my country during the last election, the government changed the currency of the country I don’t think it’s necessary, that’s not what the citizens need at that particular time, but am just surprise why they did that, maybe they will be able to embezzle more money by doing that, but it’s totally wrong to me.

Do we assume it is still one of the money laundering strategies that the government intentionally creates loopholes in other to steal the public funds?

If you see some projects which the government are planning to implement, and the amount which they plan on spending on those projects, then you will stop thing it’s a strategy to steal public funds. Firstly those projects are not what the citizens need at that particular time, secondly the amount which they allocate for those projects are always too much, most of them end up using less than 30 percent of the allocation to work, the remaining amount will be going to their own account.

[Rruchi man]

What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?

The government may be wrong on some decisions, but they are not wrong on all decisions, and as citizens criticizing them may be easy, but they are not always wrong. It is not an abnormal thing for the government to change the design on their currency, the problem becomes when it is now done more often.

Changing the currency can force people who have kept money hidden away to come out of hiding, or render the money invested in the production of counterfeit money in mass to be wasted. Government have their reasons that is not always made known to every citizen because it cannot be understood by every common citizen.

[Assface16678]

What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?

The government may be wrong on some decisions, but they are not wrong on all decisions, and as citizens criticizing them may be easy, but they are not always wrong. It is not an abnormal thing for the government to change the design on their currency, the problem becomes when it is now done more often.

Changing the currency can force people who have kept money hidden away to come out of hiding, or render the money invested in the production of counterfeit money in mass to be wasted. Government have their reasons that is not always made known to every citizen because it cannot be understood by every common citizen.

Well, have some point. It is really understandable in that part that a government needs to rebrand their design. I think it is also necessary, as time passes, that there should be a new design so that old currency can be exchanged, but this is not just the projects that the government is doing that seem suspicious. I live in a country where I don't trust the government anymore. Well, I don't want to mention anything; it's just that the government in my country is doing unnecessary things and making decisions that are not really needed, or what they did is suspicious, but what can we do? We can just give our opinions; it's not like the government will listen to us because they still have the power and authority. And also, it's hard to criticise them because they might be offended, and it will be a bad idea to do that. What we can do is watch them; we can't do anything.

[Cryptoprincess101]

What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?

If not for corrupt practices, a government sometimes redesigns and restructures their currency if there is a perceived manipulation in the system but it is very bad that most government just bring up means to embezzle government funds all in the name of rebranding or redesigning the country's currency. A country's currency doesn't even need redesigning except in a serious case of compromise or suspicious attempts to manipulate the currency.

[Iranus]

~snip

For the first part, you are so wrong, and it shows that you do not understand economics and national security. Without writing stories or mincing words, just research how many times the USA and some other top countries have changed the face of their currencies in the past 2 decades. You should also research the reasons for that so that you will be rightly enlightened about this.

Those who do not dare to openly protest against the government's work and go on social networks to complain are often people who do not understand anything about the country's economy and always like to blame others if they encounter difficulties.

Suppose even if what OP said is true then what is the more important point of this discussion if our opinions don't reach the government or we don't dare to stand up against what they do? If we cannot prevent them or dare not fight them, we should find ways to adapt and save ourselves. Hanging out on the internet and saying bad things about our country doesn't make us any less poor.

[EarnOnVictor]

Should I advise you? This kind of discussion should be written in your local thread for effective discussion.

Agreed.  I have no idea what OP is talking about exactly, and as is typical for members here, very little details are supplied as to what's supposed to be the topic.  I initially thought this might be about the US government and all of their excess spending on idiotic shit, but apparently not.  That's fine, too since government waste has been a contentious subject likely since the beginning of society and governments.

But if I may ask, how can citizens effectively engage the government in that they can curb some of these corruption cases in the financial sector across the world.

I believe the answer to the question you asked is always in front of you. The citizens have always shown their dissatisfaction through various means like activism, protests, suing of government, and reporting them to international bodies and allies among others.

However, the right question is, are these working? The answer may be a capital No in most countries. Naturally, if a country has good leaders, there will be no need for the citizens to go that length but to engage the government with constructive and creative ideas that can move the country forward for the common good of all. This means that it will be for the benefit of both the government and the citizens even if the government is bereaved of ideas.

Sadly, irresponsible and corrupt governments will continue to find excuses and get more advanced in how to steal public funds, even as they turn a deaf ear to the cry of the people.