06/28/2025
"When You Die, The Money Will Go Into The Banking System,” -Aliko Dangote React To Those Who Steal
DyoungmonnJun 27, 2025 10:52 PM
Africa’s foremost industrialist, Aliko Dangote, has criticized the damaging trend of capital flight on the continent, warning that the misappropriation and offshoring of stolen wealth does not only harm national development but also leaves families and entire generations impoverished.
In a candid assessment of corruption and financial mismanagement in Africa, Dangote highlighted how the continent’s situation differs from other regions. “But our own is totally different,” he said. “Where now you deprive your country of the money, you deprive your family of the money, because you won’t tell your family you’ve stolen money.”
The billionaire businessman argued that beyond the impact on national economies, individuals who siphon public funds also create personal legacies of secrecy and waste. “You deprive everybody, then you now go and hide the money somewhere,” he said, referring to how looted funds are often stashed in foreign accounts or secret investment vehicles.
Dangote, whose investments span cement, agriculture, oil, and logistics, emphasized the futility of hiding illicit wealth abroad. “When you die, the money will go into the banking system,” he stated, pointing to how unclaimed funds are often absorbed by foreign banks after the death of their anonymous African owners.
His remarks bring renewed focus to the issue of illicit financial flows out of Africa—an estimated $88.6 billion annually, according to the United Nations Conference on Trade and Development (UNCTAD). Dangote’s message is a clear call to action for African leaders, elites, and businesspeople to rethink their legacy and the long-term impact of economic sabotage.
Rather than glorifying wealth accumulation without accountability, Dangote underscored the importance of transparency, investment in local economies, and long-term thinking. “If you deprive your country, your community, and your family—what exactly have you achieved?” he asked rhetorically.
His comments resonate in a continent where corruption scandals continue to make headlines and where millions remain trapped in poverty. With his businesses employing thousands across Africa, Dangote remains a vocal advocate for ethical leadership and economic patriotism.
