This is just the face of modern corruption.
No need to take money and have taxman on your back.This happens in most countries Europe,Mid East,Asia.
In europe Iberia, Alitalia , Aer lingus were nicknamed the Lords airlines.
Due to the fact that the son sat at the right of the father.
Same happed in Banking etc.
The regulators sons daughters get good jobs in the banks.All this to the detriment of the uncorrupt.