There is greed. But there is also a process mistake which made it possible: building the system in a way that the left-side dog was able to rig the system through intimidation. Here, the process failed. Imagine if these animals are separated by say 6 feet, what happened would not have been possible. Of course, cost increases but a more reliable system will emerge.
Lesson: focusing on building corruption-hardened and -resilient institutions where people/firms cannot be like the left-side dog will advance nations like Nigeria than worrying on making sure the dog behaves.
You opened a bank account with no controls and focused on hiring saints when building controls would have made it impossible for the most experienced crook to cheat. Lesson on leadership.
Click to join Tekedia Capital and build Next Africa with min of $10,000 co-investment in startups.