Word: kleptocrat
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Dates: during 1990-1999
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...Italian city of Turin rather than Swiss front-runner Sion. So they?re bargaining with their only chip ?- the secrecy of their banks. In the last few years, the world?s most discreet bankers have blown the whistle on former prime minister Benazir Bhutto of Pakistan and kleptocrat Mobutu Sese Seko of the former Zaire. The Swiss are only too glad to add Milosevic to that distinguished list ?- but considering their credibility these days, it would help if they actually found some of the money...
...days, Habibie was a perpetuation of the problem that brought Indonesia to its knees--the authoritarian system of crony capitalism known by its Indonesian acronym of KKN, for corruption, collusion and nepotism. Had all the riots and deaths--more than 500--given Indonesians nothing but a clone of the kleptocrat they had so painfully deposed...
DIED. MOBUTU SESE SEKO, 66, African strongman and kleptocrat whose 32-year rule of Zaire finally ended last May; of prostate cancer; in Rabat, Morocco. In the cold war theater that was Africa, Mobutu profitably played the anticommunist, earning an ally in the U.S. and seizing power in what was then the Belgian Congo in a 1965 coup. He ordered the nation to discard Western dress in the name of African authenticity and touted nationalization and other economic reforms. But he spent the following decades looting his resource-rich country, leaving it bankrupt and impoverished...