As we are going to manage a list of top 10 most corrupt politicians in the world, let us take a brief look at what corruption is and how it impacts a nation’s growth.
Corruption is an unethical methodology used to achieve benefit over others which usually begins from home where parents tell lies to each other and practice foul behaviors in front of children. Children mimic their behavior which becomes part of their personality, later.
Corruption has an adverse effect on the global reputation and domestic economy of a country. If not taken care of at the right time, it might engulf the whole existence of the nation.
Moreover, corruption is the worst way to earn the cash with the flawed approach which belongs to only the notorious and corrupt leaders or politicians. In its easiest form, the corrupt politicians can destroy the financial system of the nation by misusing the country’s resource.
|Sr. No.||Name||Country||Illegal Assets (billions)|
|10.||Teodoro Obiang Nguema Mbasogo||Equatorial Guinea||$3.42|
|8.||Kim Jong UN||North Korea||$4.32|
|7.||Khalifa bin Zayed Al Nahyan||U.A.E||$4.87|
|6.||David Cameron||United Kingdom||$5.32|
|5.||Salman bin Abdulaziz||Saudi Arabia||$6.91|
|4.||Sigmundur David Gunnlaugsson||Iceland||$7.41|
|2.||Asif Ali Zardari||Pakistan||$24|
President Teodoro Obiang Nguema Mbasogo is named as a corrupt politician who made probably the most of his assets from plundering the public wealth. He earned the foul reputation of being one of the most corrupt leaders in the world due to his vile activities. Since 1979, he has been ruling Equatorial Guinea as its President. However, his nation emerged as one of the major oil producers in Africa throughout 1990s.
He was elected as the Chairperson of the African Union from January 2011 to January 2012. He also earned his fame as the second longest-serving non-royal nationwide Chief on the Planet. During his key assignments, he practiced foul play in economic affairs which eventually positioned him at Number 10 among the 10 most corrupt politicians in 2019. He is charged with more than $2 Billion claims in courts.
The list of the 10 most corrupt politicians of the world in 2018 is expanding. Petro Poroshenko, amongst most corrupt politician from Ukraine, is the 5th President of the country. During 2008 to 2011, he was elected as the Minister of Foreign Affair of Ukraine while in 2013, he was given the position of Ministry of Trade and Economic Development.
In different protests and seminars against corruption, Petro Poroshenko has talked about the higher level of corruption issues and officially vowed for its eradication. However, he is one of the most corrupt politicians worldwide according to an investigation done by Ukraine Accountability Bearue in 2018. He has been involved in multi-million Dollars corruption and illegal money transfers. He is also well-recognized businessman which is mainly invested by black money.
Kim Jong-Un is currently serving as the President of North Korea. He is the Chairman of Korean Worker Party and supreme military commander. He is the famous leader known globally for his love for war against South Korea, USA and Japan.
But in Panama Papers, He is listed at 8th among world’s most corrupt politicians. The value of his assets is more than $5 billion with the cash money in 200 different bank accounts of the world, allegedly considered as a result of corruption.
Here is something interesting about Kim Jong Un, he passed a law which reads that the salary of the politicians will be around $1500 per month which will be paid from the money of taxpayers.
The President of United Arab Emirates, Khalifa bin Zayed bin Sultan Al Nahyan has also been known as the most corrupt politician in the world. The King’s family owns more than $4.87 billion assets and all money is considered the money of illegal financial practices.
His major corruption was revealed in Panama Papers 2018 which stated that he earned all the wealth from the misuse of the national treasury. With this amount of corruption money, he made many assets in London and other countries of the world.
The Ex-Prime Minister of United Kingdom David Cameron is labeled as a corrupt politician in the world. Although he belongs to the richest family, David Cameron made a huge amount of money from national finances and established an offshore company to evade taxes.
He was the leader of Conservative Party of United Kingdom prior to Thresa May. In Panama Papers, his corruption was revealed and he faced a massive campaign of resignation from his seat. Nowadays, he is facing a strict investigation against his corruption charges according to their law.
Salman bin Abdul Aziz, King of Saudi Arabia, is also known as the most corrupt politician around the world. He is the King of Saudi Arabia which by default makes him a custodian of the most sacred cities for the Muslims. The followers of the religion Islam have been clearly stated that both the bribes and the banners are inferior. So, it is a very shameful act on his part and position and even for the entire Muslim world.
Salman bin Abdul Aziz earned a plethora of wealth from corruption and made many assets in various countries of the world. Panama’s papers have also been mentioned his name and worth of his corruption.
The natural resource-rich country Iceland enjoys the youngest Prime Minister Sigmundur David Gunnlaugsson in office who also has an eminent position in the list of most corrupt politicians.
In Panama Papers, the Prime Minister was accused of making money with false sources and dead money trail. Consequently, the public took action and asked the Prime Minister to resign immediately. Now, He is facing a strict investigation from different Investigative Department of Iceland.
Here is a very interesting and equally shameful thing about the world’s most powerful man Vladimir Putin. He is not immune to corruption.
He was elected President of Russia and he is still serving in the office since 2012. In Panama Papers, he was declared the 2nd most corrupt politician in the world. Vladimir Putin made unbelievable assets around all over the world with the money he plundered from his country. Putin foul played more than $10 billion from Russia.
He is known as a clever and highly corrupt politician in Pakistan’s history. He is the husband of former Prime Minister of Pakistan, late Benazir Bhutto. An interesting thing about him is that he was also accused of the murder of Benazir in a suicide attack, his wife.
Asif Ali Zardari has many allegations of corruption and misuse of powers against him. Surrey Palace, SGS, Cotecna, Polo Ground, Ursus Tractors, ARY Gold and Hajj Scandal are the main highlighted corruption allegations against Asif Ali Zardari. He accompanied his sister Faryal Talpur in executing an abusive level of corruption and they damaged public wealth. Asif Ali Zardari had looted almost $24 Billion of Pakistan’s poor people.
Due to the loopholes in Pakistani Laws, this most corrupt man in the world was set free from every investigation until July 2018. He is now being investigated by the National Accountability Bureau Pakistan. Currently, Zardari is facing worst corruption charges and investigation by NAB (National Accountability Beauru), FIA and Anti Corruption Department. He along with his sister Faryal Talpur found involved in money laundering billions of dollars through fake accounts and different companies like Omni group.
The 3 times elected Prime Minister of Pakistan, Nawaz Shareef is listed as the world’s most corrupt politician. Recently, he was disqualified by the Supreme Court of Pakistan against worst corruption charges and assets beyond income means and he has been charged with 10 years in prison on 6 July 2018.
He became Chief Minister of Punjab, Pakistan in 1985 and since then until 2017, he is found guilty because of keeping his assets beyond his income means and abusive use of power. He is the most corrupt man in Pakistan’s political history. In Panama Papers, there are massive corruption charges against him with assets worth of billion pounds in the United Kingdom.
He, along with his family, owns many well-established businesses in different countries around the world. He made assets of around 30 billion US dollars with this corruption money. Most of his Cabinet Members are also facing corruption charges.