The Reign of Kleptocracy in Nigeria
May I quote from Wikipedia, the free encyclopedia. Kleptocracy (sometimes Cleptocracy) (root: Klepto+cracy = rule by thieves) is a pejorative, informal term for a government so corrupt that no pretense of honesty remains. In a kleptocracy the mechanisms of government are almost entirely devoted to taxing the public at large in order to amass substantial personal fortunes for the rulers and their cronies (collectively, kleptocrats), or to keep said rulers in power. Kleptocrats typically use money laundering and/or anonymous banking to protect and conceal their illegal gains. Kleptocracies are by and large dictatorships or some other form of autocratic government, since democracy makes thievery more difficult to accomplish and conceal. Kleptocratic states consistently tend to be politically and socially unstable, while being stably kleptocratic. That is, the political governance of such states typically consists of one set of thieves displacing their predecessors by subversive or violent...