Corruption costly to economy � DCEC

DCEC offices
DCEC offices

FRANCISTOWN: Corruption in whatever form has potential to destroy the economy of the country and value of businesses, says Oteng Seemule, the regional coordinator of the Directorate on Corruption and Economic Crime (DCEC).

Seemule said this during the law enforcement workshop that was conducted by the DCEC for the Chinese business community here on Sunday. The workshop was attended by officials from the immigration department, labour department, Botswana Unified Revenue Service (BURS), bye-law and the police who all gave presentations during the session. The impact of corruption, Seemule said, could come in the form of loss of revenue to the country, cost and loss of profits to businesses and illegal trade dealings.

“…There is a great danger of corruption destroying the corporate image and reputation of your businesses if they are implicated in corrupt activities. It is thus clear that the DCEC and other oversight institutions cannot act alone in their quest to fight corruption,” he said.

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