14/05/2016 Dateline London


14/05/2016

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Welcome to Dateline London. International Monetary Fund suggests

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that it could be bad for the UK to exit the European Union. Corruption

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is also a big prop on for Africa and the developing countries, but how

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big a problem for us? IM joined by -- I am joined by several guests

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this morning. The governor of the Bank of England,

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Mark Carney, pointed out that the biggest political decision in the

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ways of most British people, voting to leave the European Union, put

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provoke a technical recession. The IMF has also suggested that things

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could get rough. With so many heavyweights against Britain leaving

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the EU, why are the opinion polls so close? Mark Carney is a serious

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person making a serious point, and he has been ready chilled by some

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people. The operative word was "could". A technical recession,

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whatever that is. It sounds like they are talking to six-year-olds.

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This is precisely the point. The more big battalions that are brought

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into argue in apocalyptic terms, the more people suspect this is a stitch

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up. People are not believing, even if these arguments are credible and

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sound, there are very few empirical facts because you're prophesying

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about the future, which is always a dodgy thing to do, especially when

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you are an economist. You get it right so often! People are thinking,

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why are these people trying to bully me, frighten me, threaten me? The

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British population, in my experience, is the most resilient

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population in the world when it comes to being bullied and

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threatened. They do not like it. But Mark Carney, if he did not see

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something which he believes in about this, and it goes terribly wrong, it

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is very difficult to say that the biggest decision in our lifetime, to

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get out of the EU, would result in everything being hunky-dory. I did

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not say that he should not have said it. Your question was about public

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opinion. It is all right for him to have said it, it is a question of

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how you take it. The uncertainty, the risk is what all of these big

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battalions who are coming into this fight are talking about. There are

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uncertainties and risks about staying in. This is a train heading

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very fast in a direction that most people, or many people in this

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country, do not like. The question is, how much risk is there? How much

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risk is there in staying in? There is risk in either option, because

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the EU is changing as well. Look at foreign investment, growth, they are

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stalling. Why? Not because the British people does not believe that

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it will be unknown quantities and the economy does not like unknown

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and it is better to continue with the economic situation that we have.

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I think, basically, they have lost the economic argument, the

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Brexiters. Their one argument they are strong on his immigration. The

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economy, it is quite clear, it will be MS and renegotiation of lots of

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things. -- it will be a mess. Confidence and trust is not here.

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The Prime Minister clearly is thinking along the same lines as

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Mark Carney, because he again has been talking about problems with

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exports to the European Union if we were to pull out, that there would

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be tariff barriers. He needs to learn a few lessons about British

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society. I am an outsider, but I have some friends who are British

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and we were discussing it. Someone said, I would really like to stay

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in, but these things are attempts to bilious. You believe with the

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psychology? What concerns me is their attempts to shut down this guy

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who is trying to say anything. I am such a fanatical believer in freedom

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of expression is that the right thing is to believe anyone who's

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anyone, the Governor of the Bank of England or so on, let them see

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exactly what they wanted you are what will happen and then lets

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people judge. The only problem with what is happening with this debate,

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and the fear factor, you introduce fear, people who are sensible and

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who now that you're scaremongering will vote the other way. Some

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believe there is scaremongering on both sides. If we stay in the EU it

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will be a disaster. When we look at the IMF and Mark Carney and all of

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those who have been warning about the disastrous consequences of

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Brexit, I am reminded of the idea that these

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people are not seeing anything other than what you expect they would say.

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Maybe they believe it, perhaps they do not believe it with quite the

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intensity with which the express it. One of the summaries which was made

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by Nigel Lawson, asserting clarity has emerged from it, it is not clear

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from the economic outcome, and he is a Brexit man, we have to concede

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that it is not clear what the economic impact will be. There may

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be, at least in the shorter medium adverse effects. The real issue here

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for Brexiters is not economic, it is political. Do you want to be a

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self-governing country? Every time we have seen the arguments made in

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front of an audience, that draws the biggest cheer. What will be the role

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for Britain on its own? Back of the queue, back of the line. He was

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translating for the English! This is a terribly important point about, he

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would say that, wouldn't they? The big government fanatics, European

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unionists, they are in some kind of oligarchic relationship with

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ordinary people. What has happened to democratic accountability? The

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European Union is effectively run by its commission, who are an elected

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officials. There is a sense that you're not only losing

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self-government, but Democratic accountability. This is the real

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threat, the real risk of remaining. The parliament is elected. The

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commissioners are chosen by the government who are elected. They are

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chosen, appointed officials. By the government, who are elected. And the

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commission creates legislation. If you're asked me what side, I am born

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in England and everything, I would see perhaps that I wanted to remain

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in. This thing of Brexit scares me I would say, right now, because, as an

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immigrant in this country, one of the biggest points is that we want

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to get out so we can control immigration and all of these types

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of things. But Europe has a huge problem with immigration. So does

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the whole world. It is reaching terrifying proportions. The

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migration crisis, which should have been a temporary crisis, has become

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a permanent tragedy... You are pinpointing a problem which does not

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exist in Britain. I am talking about the incompetence of the European

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Union. If it exists for anything it is to solve, or deal with, problems

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like the migration crisis. If the United States incompetent? It has

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been fundamentally unable... That has nothing to do with the EU. It

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cannot deal with its immigration problem. But the US is exactly the

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model that the US heading for. This federal Europe. The United States of

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Europe. Europeans around Europe, do you think that you have a problem

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with migration? That is alive. In Uganda we have a problem, of

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refugees. Kenya has many. If I take you to history, who has settled in

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all of these places? Europeans. So it was very good for you to migrate.

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They do not want us to come here? Most of my 45 years in journalism, I

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have travelled and lived in distant parts of the world, I reproach

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myself and most of my colleagues for not having realised that this divide

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between the rich world and the poor world, there haves and the have

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nots, could not be sustained. The millions of have nots, who have

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satellite television or more Bell telephones, they now know how the

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rich live, and they are no longer willing to have more generations...

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They want to go to Britain, and Britain does not let them in. It is

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a question of whether you have a policy, a political union which is

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capable of dealing humanely and justly with that kind of problem.

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The thing that has been so scandalous of the EU's handling of

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migration is that they have made a total mess of it and created a

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prolonged, global tragedy. Why is Britain not taking any of them? That

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is the point I am making. I am talking about the effectiveness of

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the European Union as a political union. We talk about Brexiters, and

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immigration is at the centre of the Brexiters. What they do not realise

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is that Britain has not taken any immigrants. You very accurately put

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your finger on something of the British people's psychology, which

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is that we do not like to be lead and told what to do, -- bullied. Can

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I ask you something else, if the British people do not understand the

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facts, and we do not quite know which are the facts, and we look at

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who should we trust in readership, on the one side we have foreign

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leaders who have Britain's best interestWomack at heart, Barack

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Obama, on the other side there is Vladimir Putin, married Le Pen,

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George Galloway... Hang on, you do not have to equate the Brexit

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campaign with the most disreputable people in the campaign. Michael

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Gove, Nigel Lawson. Foreign leaders? They should not get all weekend.

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This is a question for the British. The reason that European leaders

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specifically cannot be trusted on this is because the Europeans are

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terrified that if there is a Brexit it will create a domino effect and

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that other countries, which as you know have tremendously and -- have

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tremendously Euro-sceptic movements, that these movements. To demand

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their own exit strategy. That is a fair point. But that means it is so

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important that Britain stays on. That we avoid Europe becoming part

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of the extreme right-wing. You are exacerbating that kind of far right

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nationalism by enforcing best. Look at Ukip in this country and Brexit.

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The intensity of this debate, it strikes me that perhaps everyone is

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missing the point. They talk about Europe as if it is static. It is

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not, it is highly dynamic. There are forces at work in all of the major

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Western European countries which are heading for a kind of Brexit of

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their own. We do not know how strong those forces will be a couple of

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years from now. It might be that the people who wish for a deeply

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reformed Europe will be pushing on an open door. That is if Brexit does

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not win, and I do not think that it well. I think we will see a repeat

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of the previous referendum. They did not take the opportunity to reform

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when Cameron went to re-negotiate. He presented them with a mild,

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lukewarm reform agenda and the effectively sent him away with

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almost nothing. The consequence is that you have to assume that the EU

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is unreformable and the ways that matter. It will not back down on it

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ideological commitment to oligarchy. I am struck by the same is Hollywood

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screenwriter who said, nobody knows anything.

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Afghanistan and Nigeria are two very corrupt countries, according to the

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British Prime Minister. And at just about anybody who has had to deal

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with those nations. How much of a difference will the conference me?

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Shall we talk about Africa first? I was very struck by what the Nigerian

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president said, because it chimed with what I had heard at eight

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conferences. It is not the money going into Africa we should worry

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about, it is the money coming out and going into Britain. Is that what

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you think? That is half the story in terms of British responsibility. The

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other guys, who helped bring some of these people the power. In Uganda,

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for a to become president, but Asian intelligence -- British intelligence

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put him there. How corrupt is that government that they have helped to

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put in place? In Uganda, the President's wafer is one of the most

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powerful ministers and government. His son is the commander of special

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forces. His brother is a general, he is corrupt to the rot. And then they

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use the same special forces to oppress and kill our people. In the

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name of what? Stability? In the name of keeping their loot 's. That is

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why I said it was half of the story. He is right to show some

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responsibility. But he is the Minister of oil. He is the Minister

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of Finance and Nigeria, he is the president. Why? Because when he came

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to power he was doing great work to stop corruption. He could not trust

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anybody in Nigeria to take those additions. They would steal the

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money. It shows how deeply entrenched corruption errors. As a

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Ugandan, what concerns me more is those who are stealing the money. If

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the president stops the money being looted, by Nigerian people, there

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will be nothing for the British to keep in their banks. This is much

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wider than Africa. I spoke to somebody who monitors the situation

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very carefully and pointed out that quite rich countries like Russia and

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China have really, really serious problems with corruption and we

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tolerate it. If you want to get rid of corruption, you have to get rid

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of tax havens. The conduit of all that money that is taken from

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Africa, but also Russia, etc, goes through tax havens. That ridiculous

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conference in London, knowing the role of the city in corruption, it

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is hypocritical. There is a tax haven in many places for each

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country. You want to get rid of corruption? You want to get rid of

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tax havens, because they are parasites. I have a bit of a problem

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with the kind of surveillance that would be necessary to get rid of

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every conceivable money-laundering and tax scheme. Effectively you have

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a global police force which has access to all the financial

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information about every individual. Because that is how it has to be.

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The political answer is, rather than that technical financial pursuit and

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police state kind of pursuit, the political answer, we really know how

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to cure mass corruption. Democratically accountable

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government and free-market economics. That creates corruption.

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I agree with democratically government. Nationalised monopoly

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industries, the old Soviet Union, the perfect model of systemic

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corruption. If you get rid of those and if you do not prop up

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governments of that kind, with misguided aid, pour money into

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corrupt governments and maintain the talent here and, corrupt

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governments, you're halfway there. One of the interesting aspect of the

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debate touched on aid, with David Cameron saying, in effect, we cannot

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use aid as a lever on this. Last time I looked, foreign aid to Africa

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since the colonialisation ran to the best part of $1 trillion. Anybody

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who has travelled in Africa knows how little Africa has to show for

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that. I would say that we should concentrate on doing what we can.

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Janet is right, we're probably not prepared to take these police state

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tactics that are necessary to prepare discover who the beneficial

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owners of the property is. But we can do something about aid. We can

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not continue to pour money into projects they should be funding

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themselves. But you're leaving the problem here. The idea is right

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here. Democratically accountable governments. Those are the

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governments. The acceptance of those governments, who are totally

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corrupt, let me give you an example, in this country, in Britain, there

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is a lot of corruption, people stealing money in certain ways,

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giving themselves contracts, but can you imagine David Cameron going to

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the Ministry for health in broad daylight and steals ?2 million. He

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would be sent to prison. But David Cameron, Barack Obama, all of these

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leaders, know very well which countries... For example, Uganda

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itself, the money that came for aid, the ministers stall it. There is not

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a single project... Ministers steal it, it becomes a scandal. This money

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goes in the city and in Wall Street. Part of the money comes here, but a

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lot remained at home. The cost is destroying personal

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privacy. That is a serious sacrifice. The idea that every

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single person is guilty without due process, there is no assumption of

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innocence, the invasion of privacy. But these should be pursued, it is

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immoral. Of course it is, but how do you distinguish the tax evaders? We

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do it with large deposits. If you turn up with more than ?10,000,

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people ask questions. You can do it in terms of skill. The only

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practical way for this to work would be if the 200 members of the native

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nations had universal agreement on the measures which needed to be

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taken. That is light years away. If the money was denied to the Chelsea

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football club are to the banks and the traders in the city, where would

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it go? They would find somewhere else to put it. Money inboxes. How

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do you allow these people to bring billions, hundreds of millions?

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Baroness Scotland, she said that the 53 countries of the Commonwealth

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could reach an agreement on this. It might not be the 200 countries of

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the world, but that could be a big start. But do you know why they

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cannot? All of these looters in Africa, who are not part of the

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Commonwealth, they will not allow that to take place. There are now

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two presidents in our country. But one of them talked very badly and

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abused the ICC, and the Americans, the Canadians walked out of the

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ceremony to inaugurate him. The problem is, those leaders in Africa

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will not... So you need to help us overthrow them, help us make sure

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that we have democracy. It useless organisation!

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You would say that! We are back next week at the same time.

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Please make a date with Dateline. Goodbye.

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Good morning. I will take you back to last weekend, when we had a

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summer. We

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