Audio By Carbonatix
The Special Prosecutor, Kissi Agyebeng, has cautioned against state capture, describing it as a dangerous form of corruption that allows a select few to control national decision-making and resource allocation for personal gain.
According to Mr. Agyebeng, state capture occurs when a handful of individuals manipulate the state’s structures, making the government an extension of their private interests.
"State capture is itself a form of corruption. It is characterized by a few interests and persons capturing the decision-making and resource allocation systems and processes of the state," he said during the Constitution Day Public Lecture in Accra on Friday, February 28.
He warned that in such a system, corruption thrives unchecked, as those in power exploit public resources to "fantastic degrees" without accountability.
“A captured economy is nothing more than a reflection of the few captors who steer the nation solely for their private benefits. The few captors become the state and the state becomes them,” he stated.
He further emphasised the devastating effects of corruption on society, noting that it undermines democracy, weakens the rule of law, and leads to human rights violations.
The Special Prosecutor added that corruption distorts markets, lowers the quality of life, and enables organised crime, terrorism, and other security threats to flourish.
Latest Stories
-
KGL does not operate or conduct 5/90 national lotto, but retails 5/90 national lotto – Razak Opoku
18 minutes -
Parliament approves renaming of C.K. Tedam University to University of Technology and Applied Sciences, Navrongo
47 minutes -
Former Jasikan MCE returns to Bawumia camp
54 minutes -
Daily Insight for CEOs: The CEO’s role in stakeholder engagement and relationship management
60 minutes -
Streetlight theft undermining Accra’s illumination effort – Regional Minister
1 hour -
Frequent use of emergency contraceptives could affect fertility, youth warned
1 hour -
Police arrest 8 suspects in Navrongo anti-crime sweep ahead of Christmas
1 hour -
KGL Foundation commissions toilet facility for Adukrom PRESEC
1 hour -
President Mahama pushes reparations, calls for united African front at diaspora summit
2 hours -
Over 2,800 crates of eggs sold at The Multimedia Group’s X’mas Egg Market as consumers express satisfaction
2 hours -
Police to enforce ban on unauthorised use of sirens and strobe lights
2 hours -
Newsfile to discuss Kpandai rerun halt, Ofori-Atta’s extradition fight, and Bawku Mediation Report
3 hours -
Between imperialism and military rule: The choiceless political reality in West Africa
3 hours -
One killed, 13 injured in head-on collision at Ho
3 hours -
Techiman Police arrests three suspects in drug-related activities
3 hours
