Public indignation rose when some Moi-era hacks were brought back in a cabinet reshuffle last month.

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Local newspapers and magazines took up the story with gusto, helping to stir up public indignation.

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That would allow Mr Cardoso to whip up public indignation against pampered pen-pushers, argues Tasso Jereissati, the governor of Ceara state and a close ally of Mr Cardoso.

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Proper safeguards were essential, Lord Scott argued, and he warned of huge public indignation at having "faceless regulators demanding entry, rummaging through their cupboards and papers, without any judicial authorisation".

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But the public indignation over the Bulger case and a series of scandals involving pampered young offenders prompted an abandonment of the received wisdom in favour of much tougher regimes.

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At first, there had been signs of a panic among the bondholders and of a dangerous indignation among the public.

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