'Covid-19 created bad behaviour': Mboweni warns of dodgy business

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“The concept of a foundation has lost its meaning. It has become an income-generating business. Watch out,” said Mboweni

Covid 19 has created bad behaviour. One of the crowd fundraisers strategiesis to create a Foundation. The concept of a Foundation has lost its meaning. It has become an income generating business. Watch out !Previously, Mboweni shared that nothing irked him more than people taking shortcuts and not following procedures to get a job or contract. “There is nothing that irritates me more than when people ask me to call people or connections for this or that job or contract,” said Mboweni.

“Follow the procedures and standing orders. Please don’t call me for that kind of thing. I don’t have connections.” at Rhodes University on values-based leadership, Mboweni spoke out against the harsh effects of corruption on economic growth.“Sadly, there are too many people in positions of leadership and power throughout the global political, economic and financial system who do not seem to realise the consequences of participating in or condoning corruption,” said Mboweni.

“There is no 'excusable' corruption. Whatever the form of corruption, it is imperative that the perpetrators are pursued and face the full wrath of the law. It is only then that we can halt the pervasive rot in all sectors of our society.”

 

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