Corruption in Seychelles: A Growing Concern Amidst International Acclaim

Seychelles, a small island nation off the coast of East Africa, has been recognized as the least corrupt country in Sub-Saharan Africa for the fourth consecutive year by Transparency International’s 2021 Corruption Perception Index (CPI). Despite this achievement, experts warn that corruption remains a significant issue in the country.

A Satisfactory Showing

The CPI report assigns a score of 70 points to Seychelles, moving it up four places globally from 27th to 23rd. This ranking surpasses major Western democracies like the United States, which remains in the 27th position with a score of 67 points.

Challenges Remain

Despite this improvement, corruption experts caution that Seychelles still faces significant challenges. May De Silva, chief executive of the Anti-Corruption Commission of Seychelles (ACCS), notes: “Seychelles continues to be an attractive destination for dirty money from around the world due to its financial secrecy.” The ACCS is currently investigating two high-profile cases, including the ‘missing $50 million’ case, where foreign aid was removed from a government account in 2002.

Concerns Raised by Recent Decision

The country’s recent decision to remove a requirement for spouses and family members of high-level government officials to declare their assets has raised concerns. Critics argue that this move creates a new loophole, allowing corrupt officials to hide their wealth. The ACCS has warned that the gains made against corruption must be solidified, rather than reversed.

Road Ahead

The CPI report highlights Seychelles’ progress in combating corruption but emphasizes that more work needs to be done. “While it is encouraging to see Seychelles continue to perform well on the index, it is crucial that the country addresses its financial secrecy and strengthens its anti-corruption institutions,” said a spokesperson for Transparency International.

As Seychelles continues to strive for transparency and accountability, experts will be closely monitoring the country’s progress in tackling corruption.