Approximately how much was lost each year as a result of corruption? [br] [orig

President Obasanjo said about 148 billion dollars were lost each year as a result of corruption. He described the loss as "monumental" and "preventable" , with extractive industries, such as oil and gas, among the worst hit.

The University Boat Race is a uniquely British institution but it’s taken on a distinctly international character. It dates back to 1829 and is now broadcast on television in more than a hundred countries. And of the sixteen rowers in the two boats, only five were British this year. It was the first time a French rower had taken part for at least a century. There were also four Americans, three Germans, two Canadians and an Australian.