5 Most Corrupt Politicians Of The World

Ferdinand Marcos

Ferdinand Marcos was a lawyer by profession and served as President of Phillipines from 1965 to 1986, according to an estimate he looted about $ 5 to 10 billion from the public wealth of Phillipines Government. In 1986 very popular public movement called “people power” forced powerful Ferdinand Marcos and his family to go into exile in Hawaii,where he died three years later;

Joseph Estrada

Joseph Estrada was the 13th President of the Philippines, serving from 1998 until 2001 and he was also very popular Phillpinese movie actor, his film career was of about 33 years. In October 2000, Ilocos Sur’s governor Luis “Chavit” Singson, a close friend of Estrada, alleged that he had personally given the President P400 million as payoff from jueteng hidden in a bank account known as “Jose Velarde” – a grassroots-based numbers game, as well as P180 million from the government price subsidy for the tobacco farmers’ marketing cooperative, Joseph Estrada had to resign after the impeachment was ordered by the House of representatives.

Soharto

Soharto was the second President of Indonesia and he served his country for 32 years, from 1968 to 1968; According to latest reports he is one of the most corrupt politicians of the world; Transparency International has put him on top of the list of most corrupt politicians and his critics allege him of misappropriating about $ 15-30 billion during his reign. Soharto is also blamed for death of 100000 of East Timor during his 24-year rule.

Sani Abacha

Sani abacha was the Nigerian military leader from 1993 to 1998. According to Transparency International he plundered government money of worth $ 5 Billion which is equal to 10 % of annual income of Nigeria from oil in the 5 years of his Presidency. According to news reports, in 2002 Abacha’s family agreed to return $1.2 billion that was taken from the central bank. Other than corruption charges he is also charged with human rights abuse. He died of heart attack in June 1998.

Mobutu Sese Seko

Mobutu Sese Seko served as President of Zaire from 1965 to 1997. According to a report by Transparency International, Mobutu Sese Seko is world’s third most corrupt leader in last two decades, plundering more than $5 billion USD from his country. According to latest reports he mostly looted the money of aid received from World Bank for the development of Congo, Congo received about $12 billion in aid in 32 years of his rule.

Source :http://www.blindloop.com