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Showing posts with label Britain. Show all posts
Showing posts with label Britain. Show all posts

Thursday, April 8, 2010

Hiding Africa's Looted Funds: The Silence of Western Media

*By Lord Aikins Adusei



Quite often when you read newspapers, listen to the radio and watch television in the West you are bombarded with how poor and corrupt Africans are. However, you will never watch, read or hear anything in these media outlets on the role play by : Western banking institutions; property development and estate companies; technology corporations; oil and mining cartels; defense and engineering companies; and western political and business elite in promoting corruption in Africa.

When it comes to Africa and the developing world, the Western media pretend to be doing a good job only when there is an embarrassing story or a scandal that undermines their own credibility as the watchdog of the state. It is not uncommon to see poverty stricken Africans being shown in documentaries, movies, and television screens in the West but these same documentaries fail to show the involvement of Western capitalist institutions in fanning the poverty. Although corruption involves a giver and recipient, it is always the taker who is reported in the media. In many instances bribes are offered in order to secure contracts, secure official favour or to induce officials in order to influence the out come of a government decision. In other instances people become corrupt because of the existence of favouring conditions as can be seen in most western countries with their banking secrecy laws.

Why does the media in the West ignore the role of western institutions in corrupt deals? The media in the west tend to ignore the role of western institutions for many reasons. They would rather show the poverty level in Africa but refuse to show the role play by western institutions for fear of loosing revenue through adverts. Most media outlets survive through advertisements from mega businesses and the multinational corporations so for fear of loosing revenues the media turn a blind eye to their activities such bribing politicians, public officials and polluting the environment. Again the editors, programme directors and the other big wigs in the media are thelselves shareholders in the companies in question so why would they want to jeopardise the source of their own wealth?

The enthusiasm with which CNN, BBC, ABC, CBS, ITN, SKYNEWS, television producers portray Africa as poor, backward, least developed and corrupt is not displayed when they report on the role play by Western institutions in perpetuating the aforementioned. They fail to tell the world that the looted funds that make Africans poor are sitting in Europe, America, Australia, New Zealand and other offshore Islands controlled by the West. They fail to tell the world that Africa would be a different place if all the stolen monies are returned from Switzerland, Britain, America, France, Monaco, Luxembourg, Austria and Liechtenstein. After years of foot draggings Swiss authorities decided to repatriate monies stolen by the Abacha regime. So I asked myself where was the western media when Swiss and British Banks were receiving the looted funds? The fact still remains that until recently and with the exception of the BBC none of the western media establishment had permanent reporters based in Africa with reason only best known to themselves.

Corruption is rife in Africa because banking institutions in Europe especially Switzerland, France, Jersey Island, Britain, Luxembourg, Liechtenstein, Austria and US among others accept money from African leaders without questioning its source. According to the UN and the AU around $148 billion is stolen from the continent annually by political leaders, multinational corporations, the business elite and civil servants with complicity of the banking and property industries in Europe and North America.

Even though western banks act as safe havens for looted funds, very little attention is received from the western media to expose them. No effort has been made by the political elite in Europe and America to force the banks to return these stolen monies because they are often the shareholders and beneficiaries of profits made by these banks. They have no agenda to combact corruption as that would mean no fat dividends for them and no cheap credits for their citizens.

Within five years of his reign (1993-98) Sani Abacha of Nigeria according to official sources was able to stash four billion dollars and between 12 and 16 billion dollars according to unofficial sources. After his death in 1998, investigators in Nigeria, Europe and America stumbled on over 130 bank accounts in Australia, New Zealand, London, New York, France and Switzerland among other countries where some of the money stolen was kept.

According to France24, a French police investigation has established that Bongo and his family own at least 33 luxury properties in France, including a villa located at Rue de la Baume, near the Elysée Palace, in Paris bought in 2007 for 18.8 million Euros. The French President Nicolas Sarkozy was spotted greeting Bongo in this villa bought with funds looted from Gabon. Source: France24 Thursday 26 February 2009. Other investigations have uncovered that he and his family have at least 59 properties, several bonds and stocks in France alone. Aljazeera news network has reported that Bongo's late Wife Edith is believed to have stashed $75m in the safe haven hub of Monaco yet they are unwilling to expose the banks involve.

French Foreign Minister Bernard Kouchner was embarrassed when it was revealed that Bongo’s government paid his consultancy firm a staggering 2.64 million Euros for advice on health policy drawn up by Kouchner before he took office as French foreign minister. Source: Timesonline February 5, 2009.

Bernard Kouchner is not the only person in France, Europe and America to have benfited from the shady and corrupt dealings of Africa's political and business establishment. It has recently come to light that Omar Bongo secretly financed Jacques Chirac and Francois Mitterand's election campaigns using money he had stolen from his country.The question is who assisted him to steal and hide his ill-gotten wealth in France I mean the 70 banks accounts stashed with hundreds of millions of euros and the 33 luxury mansions that he bought? Is it not those he helped to become presidents, prime ministers and foreign ministers in France? The fact is that Bongo was able to steal, mismanage and run down his country because of the support he received from those he helped win elections in France.

Araminta Wordsworth of www.nationalpost.com says: "The French media are operating under no constraints in commenting on Africa’s longest-ruling despot, a man successive French presidents played a huge role in keeping in power and vice-versa. Bongo contributed to the election campaigns of François Mitterrand and Jacques Chirac; Nicolas Sarkozy’s first act as president-elect was to call the Gabonese president and thank him for his advice. Bongo also worked for the French secret service. But oil was key to his power". Source: National Post, June 9, 2009.

The disgraced Elf-Aquataine executives said they paid Bongo between 30 to 50 million dollars through secrete bank accounts in Switzerland but no attempt has been made to expose and prosecute these banks.

On February 26, 2009 a French court had Omar Bongo’s nine bank accounts containing several millions of Euros frozen. In confirming the court’s decision, Lawyer Jean-Philippe Le Bail said, “This concerns Crédit Lyonnais, in which the president of Gabon has two current accounts, two savings accounts and a share account, and BNP, in which he has two checking accounts, a savings account and a share account”. These are the banks whose shady deals with the political and business elite continue to impoverish African countries but which for profits sake the media refuse to tell the world about. The banks know these corrupt leaders have stolen the money yet they pretend not to know until there is a scandal before they begin to act as if they are responsible institutions. How  Bongo and Denis Sassou Nguesso of Congo were respectively able to open 70 and 112  bank accounts in France is only known to the banks and the political establishment in France but it is without disputable that the media in France did not do their job to expose the rot involving Bongo, the political and business elites, and the property and banking institutions in that country.

Most foreign banks have been implicated for receiving billions of dollars of looted funds from the late Mobutu of Zaire; Lansana Conte of Guinea; Eyadema of Togo; and a number of tyrants such as Omar Bongo of Gabon; Obiang Nguema of Equatorial Guinea; Dos Santos of Angola; Denis Sassou Nguesso of Congo; Paul Biya of Cameroon; Arap Moi of Kenya; Jerry Rawlings of Ghana; Ibrahim Babadjinda of Nigeria and a number of sitting and ex-presidents in Africa yet western media is silent about where the funds are being kept.

The banks in Europe and America that aided, abetted and provided sanctuary for Abacha´s $4 billion stolen funds are: Australia and New Zealand Banking Group, ANZ, London Branch; Bank Len, Zurich; Bankers Trust Company, London; Bankers Trust Company, Frankfurt; Bankers Trust Company, New York; Banque Barring Brothers, Geneva; Bank in Liechtenstein A. G. Vaduz; Barclays Bank, New York; Barclays Bank, London; Banque Edouard Constant, General; Banque Nationale De Paris, Geneva; Banque Nationale De Paris, London; Banque Nationale De Paris, Basle; Citibank N. A. London; Citibank N. A. New York; Citibank N. A. Luxembourg; Citibank Zurich; Credit Lyonnais, New York; Credit Suisse , New York; Credit Suisse, General; Credit Suisse, Zurich; Deutche Morgan Grenfell, Jersey; FIBI Bank (Schweiz) A. G. Zurich; First Bank of Boston , London; Goldman Sachs and Company, Zurich; Gothard Bank, Geneva; LGT Liechtenstein Bank, Vaduz; Liechtenstein Landesbank, Vaduz; M. M. Warburg and Company, Luxembourg; M. M. Warburg and Company,Zurich; M. M. Warburg and Company, Hamburg; Merrill Lynch Bank, New York; Merrill Lynch Bank, Geneva; Midland Bank, London; National Westminister Bank, London; Paribus, London; Paribus, Geneva; Royal Bank of Scotland , Leeds; Standard Bank London Limited, London; UBS AG, Zurich; UBS AG, Geneva; Union Bancaire Privee, Geneva; Union Bancaire Privee, London; London Branch; Verwaltungs Und Private Bank A. G., Vaduz; and ANZ, New York; ANZ, Frankfurt. Source: Tell Magazine, October 7, 2002.

Only heaven knows how much of Abacha´s loot still remain in these banks. We did not hear anything about these banks in the Western media and how they were helping Abacha to loot Nigeria's resources until his death in the until his death in 1998.

According to a 110 page report prepared by international risk consultancy firm Kroll, Arap Moi and his family have banked £1 billion in 28 countries including Britain but the media in the west will not expose the banks involved.The Guardian, Friday 31 August 2007.

Apart from the banking sector, the property sector in Europe, America and Australia have also connived with the political and business elite in Africa to impoverish the people. Several African leaders have bought properties in Europe and America using monies stolen from their poor countries. It is on record that Mobutu of DRC (Zaire) bought several villas in France, Switzerland, Belgium and many European Countries. Yet again the companies selling the villas have been kept secret by the media. Why ?

It has recently come to light that Arap Moi of Kenya and his family bought several multimillion pound properties in London, New York, South Africa including 10,000-hectare ranch in Australia and bank accounts containing hundreds of millions of pounds. While majority of Kenyans live in slums and in rural areas, with little roofing on their heads and lacking water and other basic necessities of life, Moi’s family live in a £4m home in Surrey and £2m flat in Knightsbridge yet the media will not expose the estate companies involved.

It is common for western companies looking for lucrative contracts to pay bribes and kickbacks to induce officials into awarding them contracts. For example on 17th September 2002, a Canadian firm called Acres International was convicted by a High Court in Lesotho for paying $260,000 bribe to secure an $8 billion dam contract. 

In 2002, Halliburton, a company once controlled by Dick Cheney (former US Vice President) was accused of establishing $180m fund and used it to bribe Nigerian officials in order to secure a $10 billion Liquefied Gas Plant contract in Nigeria. 

Achair Partners (a Swiss company) and Progresso (an Italian company) have been accused of bribing Somalia’s Transition Government officials in order to secure contracts to deposit highly toxic industrial waste in the waters of Somalia. Such corrupt practices by western companies seeking contracts in Africa are one of the reasons why poverty and diseases are rife in the continent. The simple truth is that the media in the West is aware of the collusion and connivance of western corporations with the leaders in Africa to steal from the people but refuses to say anything for the simple reason that they do not want to lose lucrative advertisement deals with these vamperic and parasitic corporations but rather choose to pick on the Africans leaving the corporations to continue on the path of destruction.

The catastrophic environmental damage being caused by Oil, mining and timber companies such as Shell, BP, Total, Elf, Texaco, Mittal, Anglo-America Corporation in Nigeria, Ghana, Gabon, Equatorial Guinea, Angola, Congo, DR. Congo, South Africa, Guinea, Sierra Leone, Liberia, Senegal do not make the news in the West. How often do we hear about the huge environmental price Africans are paying to satisfy the west’s insatiable appetite for energy and technology? Apart from the huge profits being made by these conglomerates which we often hear in the news, do we hear also their complete disregard for environmental rules; the pollution of rivers, lakes, streams, wells, and the environment?

On June 30, 2009 a report by Amnesty International entitled "OIL INDUSTRY HAS BROUGHT POVERTY AND POLLUTION TO NIGER DELTA" listed a number of environmental destruction and damage that the Oil Cartel is causing in the region.

In October 2002, after a three year investigation a UN Panel of Experts implicated Cabot Corporation (Boston), Eagle Wings Resources International, and George Forrest’s OM Group (Ohio) for arming rebel groups and collaborating with them to traffic from DR. Congo gold, diamond, timber and most importantly coltan (columbo-tantalite)-a precious ore essential to Sony playstations, laptop computers, and cell phones. Coltan is often spirited out of DRC to U.S., Swiss, Belgian, and German clients by Uganda and Rwanda army officers, rebel groups and through a network of criminal syndicates. In all 85 companies were implicated by the report. Source:FPIF, February 21, 2008.

Except the wars and the stranded faces of hungry refugees, do these illegal activities by the corporations make the news in the Western media? Definitely not. Even when local journalists and writers document this for broadcast in the west, it is not published as it does not serve their interests. The media only publish stories after NGOs and civil society organisations have fought to expose corruption and shady deals involving western corporations, business and political leaders.

This is the hypocrisy and double standard of the western media and its practitioners. They want the world to know how poor Africans are but fail to tell the world that Africans are poor because Western banking institutions, property development companies, defence companies and defence contractors, oil and mining corporations are major stakeholders in promoting Africa’s poverty and underdevelopment. Corruption and bribery in Africa and indeed the developing world could be reduced tremendously if the media for once put aside the pick and choose journalism and attach the same importance to show the degree of involvement by western capitalist institutions Europe, America and Japan and their role in keeping Africans poor.

*The author is political activist and anti-corruption campaigner. He blogs at www.lordadusei.blogsopt.com

Sunday, March 7, 2010

Jacob Zuma's Trip to Britain Comes to an End


Britain's Queen Elizabeth II, right, bids farewell to South Africa's President Jacob Zuma on the last day of his state visit to the UK at Buckingham Palace in London, 05 Mar 2010
Photo: AP

Britain's Queen Elizabeth II, right, bids farewell to South Africa's President Jacob Zuma on the last day of his state visit to the UK at Buckingham Palace in London, 05 Mar 2010

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South African President Jacob Zuma winds up a three-day visit to Britain today - a visit marked by pomp and ceremony as well as substantive political talks, including on the situation in Zimbabwe.

President Zuma was given a royal welcome to Britain from Queen Elizabeth II Wednesday and in the busy three days that followed he met with Britain's Prime Minister, parliamentarians, business leaders, and even made a trip to Wembley Stadium, the home of English football (soccer).

While in Britain, Mr. Zuma repeatedly highlighted the two countries historic economic and cultural ties.

But two issues threatened to overshadow those links.

The first, Mr. Zuma's personal life. His polygamy and the recent revelation of a twentieth child born out of wedlock have led to criticism in some corners of the British media.

And the second, Zimbabwe. Mr. Zuma, who is the regional mediator on Zimbabwe, has called for sanctions against the country to be lifted. But in a joint press conference, Mr. Brown said EU sanctions cannot be lifted until progress on human rights and democracy are made.

But Mr. Zuma said he believed talks with Mr. Brown had led to better understanding on what needs to be done. "I think there has been a greater understanding of what we are trying to do in Zimbabwe and what are the concerns," he said.

While in Britain, Mr. Zuma also visited London's top football stadium where he said he was confident that English football fans visiting South Africa in June for the World Cup will be safe. "As a country we have worked hard to ensure that 2010 comes to South Africa and it is coming," said the South African president.

Addressing business leaders, Mr. Zuma said his country was improving education, reducing crime, and creating stability for foreign investment.

And Mr. Brown said the upcoming World Cup would be a good opportunity to put universal education on the global agenda. "I know it's making great preparations for the World Cup but at the time of the World Cup we can also see progress in achieving one goal that has eluded the world for many years and that is education for every young child in Africa and around the world," he said.

Speaking to British parliamentarians Mr. Zuma sought to allay fears that South Africa would nationalize its mining industry - he said there was no discussion within the South African government to do so. South Africa is the world's largest platinum producer and third largest producer of gold.

Thomas Cargill, from the London-based think tank Chatham House, told VOA Mr. Zuma's trip was an important opportunity to carve out South Africa's place on the world stage.

He says a "post-apartheid celebratory attitude" has characterized international perceptions of South Africa over the past 16 years. "Now we're really into what happens next - South Africa, as an independent state, deciding its future path and its future international relations," said said Cargill.

Sydney Masamvu, a senior South Africa analyst with the research organization International Crisis Group, says the trip was also important for Mr. Zuma domestically.

He says it was a chance for him to shake off negative press at home over his personal life. "He has lost a lot of his moral high ground because of his polygamous marriage and I believe this to a very large extent makes him appear as more of a statesman and to repair his image," said Masamvu.

While in Britain, Mr. Zuma also visited the former residence of anti-apartheid politician and past leader of the African National Congress, Oliver Tambo.

Tuesday, February 9, 2010

The UK and Corruption in Ghana


THE BRITISH GOVERNMENT ARE THE BIGGEST HYPOCRITES

British High Commissioner Nick Westcott is not afraid to step in to controversy. Having boldly told us that Vodafone did nothing wrong in their acquisition of Ghana Telecom, he now lectures Ghana that incoming governments must respect contracts entered into by the outgoing government.

Of course, that is true. As a general point, it is a simple statement of the legal position.

But we all know that Dr Westcott did not mean it as a general point. He meant that investigations into contracts including Kosmos and Vodafone must be stopped. Otherwise, he warned, investor confidence would be damaged – a warning that foreigners would take their dollars elsewhere.

But what is the logic of this position? No government may question any contract entered into by a predecessor, no matter how corruptly? That if you are a dreadfully corrupt foreign businessman, who has bribed a minister, you only have to hang on until the government changes, and then you cannot be investigated? Plainly this is a nonsense.

The fact is that, as detailed in a series of articles in the Financial Times of London, there are a whole number of questions about the Kosmos deal which give experienced observers great cause for concern.

One which particularly worries me is how, on the best oilfield in Ghana, Kosmos were able to get a royalty rate of only 5%, when the average on other fields is over 11%. There are suggestions that partners from EO were active on the Ghanaian government side of the negotiation.

There are also credible stories of Kosmos handing EO millions of dollars in cash notes for “marketing and publicity”.

Is Ghana forbidden from investigation because the government has changed? No, and they must not be bullied out of it by the British, Americans, IMF or World Bank. Those will always back wealthy Western companies against a developing African nation.

The Vodafone deal suffered – at the very least – from a lack of transparency and a lack of a level playing field for others – including France Telecom – who wished to compete. The final sales price was definitely too cheap.

I would like to know how Ghana Airways' invaluable routes were awarded to GIA - a bunch of obscure and inexperienced investors who came only fourth in the official assessment of bids. The result has been the almost total disappearance of Ghana's whole aviation industry.

I would like to know how industrial development funds were given to a network of companies the ultimate ownership of which traced back to the Minister of
Industry.

The British High Commissioner has the problem entirely backwards. It is not that the government is not honouring existing contracts. I am Chairman of several companies, including Atholl Energy. Atholl had a contract with the NPP government which has been honoured by the NDC government, because we carry our our work diligently and honestly.

The problem is that where contracts are not honest, action has not been fast enough or decisive enough to root out corruption.

Two of the worst examples are in the energy sector. Let us look at the case of another British company, Zakhem International Ltd. They are building the Kpone Power Project for VRA.

VRA bought the turbines from the manufacturer, Alsthom for US $70 million. They then paid Zakhem US $80 million upfront to install them and provide the ancillary equipment.

After three years, what do Ghanaian taxpayers have to show for their US $150 million? Absolutely nothing. An empty field at Kpone, surrounded by Ghana's longest concrete wall so the Ghanaian public cannot see that their money has been stolen.

What is happening about it? Nothing, because Zakhem and their Ghanaian partners have stolen enough money to bribe all the officials involved. They are now claiming around town that the new government is also “In their pocket”.

Most of the $80 million has vanished forever, while the $70 million turbines are now badly damaged by disuse.

Or look at Balkan Energy. They claimed to have spent US $100 million on refurbishing the Osagyefo barge, at a time when they had really spent less than US10 million.

Under an astonishingly corrupt contract, Balkan are to lease the barge for $10 million per year, from the government of Ghana, but then charge Ghana over $40 million per year for its use as a “Capacity charge”. They will in addition charge the government of Ghana for the fuel, and make a profit on that too.

It is as if I rented your car from you for 100 Ghana cedis a month, then rented it back to you for 500 Ghana cedis a month plus charging you a premium on all the petrol you use.

Balkan stand to make a total of about $1.5 billion dollars in profit from the people of Ghana from this terrible deal. It is the most corrupt contract I have ever seen. It is astonishing that a country like Ghana would enter into a contract with Balkan, whose owner, Gene E Phillips, has stood trial as a gangster in the United States.

These are not crimes without a victim. Everyone who pays any VAT or other tax in Ghana is putting money into the pockets of these disgraceful conmen. Most of the taxpayers of Ghana are very poor, and the money is being taken by people who are very rich.

That is why I am speaking out. I am not supporting any political party. I am supporting the ordinary people of Ghana.

I first spoke out about corruption in Ghana back in 1999, when I was Deputy High Commissioner there. It caused a sensation in the Ghanaian media at the time. But people do not know that I was nearly sacked by the British government as a result.

The British government did not object at all to my attacking corruption in Ghana. The reason I was nearly sacked was because I said “Sadly some British companies have been involved in this corruption”. I was carpeted by the British government and told I must never mention British companies' corruption.

At the time I was thinking of the British company International Generics Ltd and their involvement in scams over the La Palm and Coco Palm hotels.

The hypocrisy of the British government in defending corrupt British companies was most famously seen when Tony Blair ordered an end to a prosecution of the arms company BAE over massive bribes they had paid in Saudi Arabia. Blair declared that prosecuting BAE was not “In the national interest”.

Last week BAE again escaped criminal prosecution and were allowed to pay a fine instead, for corruption in Africa including Tanzania.

So Nick Westcott is only continuing a British hypocritical tradition of condemning corruption, unless it is British corruption.

The truth is that sadly there was a major increase in corruption in Ghana especially in 2007 and 2008. That was a major reason why the Ghanaian people voted to change their government. But so far there is little indication that the new government has done much to root out the corruption.

The danger in this is that ordinary people will become disillusioned with the political process.

Ghanaians are not stupid. People know who stole money, and they see them swanning around town in their fancy cars, unashamedly living the highlife. This can corrupt society. Young people can easily draw the conclusion that the way to make money is to be a corrupt politician or a drugs dealer.

The further danger is that, just like in Nigeria, they conclude that all the politicians of all the parties are into the corruption, and that is why everyone gets away with it.
I did not used to think that was true in Ghana, but I really am beginning to wonder, unless we see some effective action soon.

So rather than protecting the corrupt, the British High Commissioner should be offering help and assistance actively to attack corruption. That includes corruption by British companies.

He should also remember that, with oil revenues within touching distance, Ghana will soon have her own investment funds and no longer be so dependent on foreign investors. It is not for the colonial master to kick Ghana. The boot will soon be on the other foot.

Friday, May 29, 2009

Why Are We Still Poor?

By Lord Aikins Adusei

Look at the woman in the photograph on the left and her surrounding carefully. Does she look like someone who has been given help by aid agencies like United States Agency for International Development (USAID), Danish International Development Agency (DANIDA), Canadian International Development Agency (CIDA), Swedish International Development Agency (SIDA), Oxfam, Action Aid, Christian Aid, World Vision, Adventist Development and Relief Agency (ADRA) and JICA?
Does she look like someone whose government has received billions of dollars in loans and grants from the World Bank or the IMF? Does she look like someone who has received financial or material help from US, Japan, Germany, Britain, France or Italy? Does she look like someone whose government receives billions of dollars in revenue from gold, oil, gas, coltan, diamond, timber, cocoa, cotton, tea, coffee, bauxite and uranium every year? Does she look like someone whose country has political and economic sovereignty or independence? And finally does she look like someone who has been liberated from colonialism?

What has happened to all the aid money or the IMF and World Bank loans or aid and grants from US, Japan, European Union and the revenue from the natural resources? In short why are the people so poor when Aid Agencies are helping them every day; when the World Bank and IMF give them loans every day; and US, Japan, Britain, Germany and others give aid and grants to the people every year? Who has benefited from all these monies? Could it be the donors and aid agencies themselves or the politicians who sometimes receive the money on behalf of the people? Could it be that nothing at all is received?

Why are we still poor? This is a troubling question. I cannot understand why after so many years of aid and big loans Africa still sits at the bottom of the world's progressive continents.

The World Bank and IMF claim to provide vital financial support to poor countries to help them alleviate poverty but more than fifty years of loans to these poor countries, poverty is still decimating them. So what happened to all the billions of dollars that the World Bank and IMF have provided to the world's poor? Could it be that the Bank and IMF give the loans and then turn round to force these poor countries to use it to service old and illegitimate debts?

Private banks

Could it be that the Bank and IMF give the loans to corrupt regimes who then deposit the money in their private banks in Europe and then ask the poor people who never benefited from the loans to use the little resources they have to service the odious debts? Could it be that the policies and solutions often prescribed by the Bank and IMF are toxic to the economies of these poor countries? Could it be that the loans are used to pay the so called technical experts that the Bank and IMF often send to the poor countries as advisers?

Could it be that the loans are given with conditions that benefit the creditors and not the countries who borrow the money? Can the World Bank and IMF explain to the World why so many poor countries remain poor after they had received tens of billions of dollars from them?

How do multinational corporations doing business in Africa pay for the resources that they exploit? Do they pay the governments with arms and military machines for use to oppress the people? Shell has been sued in the US for complicity in the hanging of Ken Saro-Wiwa and other environmentalist in Nigeria. Could it be that such complicities by multinational corporations, IMF, World Bank and Western governments are the result of the chronic poverty in the resource rich countries of Africa?

Who has received the money the multinational corporations pay? Or they don´t pay anything at all because they often pay bribes to politicians to look elsewhere why they plunder the resources, destroy and pollute the environment, rivers, wells, creeks, soil, lakes and fish stocks which are the livelihoods of most communities in mining and oil exploitation areas? Could it be that the destruction of their livelihoods by the multinationals are the result f the poverty and malnutrition we see in the continent?

Do multinational corporations declare all the profits they make in the African countries where they operate or they declare just pay a little and then hide the rest in their save haven accounts in Switzerland, Luxembourg, Liechtenstein, Austria, Hong Kong, Singapore, Jersey and Caymans Island and the rest? And what role have they played to reduce poverty in the areas that they operate? How much of the billions of dollars of profits that Shell, BP, Chevron and Total make in Nigeria, Gabon, Angola, Cameroon and Equatorial Guinea is used to correct the lasting environmental damage done to the communities where the resources are extracted? Is there anything called corporate social responsibility and how has the poor in Africa benefited from such responsibility?

Every year African leaders receive tens of billions of dollars from the sale of oil, gas, diamond, gold, bauxite, coltan, timber, cocoa, tea, coffee, cotton and many others. What has happen to all the money? Could it be that the money has been wasted on white elephant projects? Could it be that the money is stolen out right by corrupt politicians, the business elite and their cronies? If so could it be that Switzerland, France, Britain may be having a clue as to what has happened to all the money?

I have mentioned Switzerland and Britain because their banks have had direct links with all the corrupt regimes that Africa has ever produced from Mobutu, Sani Abacha, Lansana Conte, Eduardo dos Santos, Bakili Muluzi, Paul Biya and Blaise Campore to Ibrahim Babangida. Switzerland has so far returned $1.6-billions dollars to the poor countries where it was stolen, could it be that Switzerland and Britain are still hiding billions of dollars that could be used to improve the lives of Africans?

I mentioned France because Omar Bongo of Gabon and his family are known to have 70 banks accounts plus 59 luxury properties and 8 luxury cars in France alone and Denis Sassou Nguesso of Congo and his family also have 122 bank accounts, 24 luxury properties and a number of luxury cars in France alone not to mention those in Switzerland and other save haven centres. Could it be that the money meant for the development of the people like the woman in the above photograph is sitting in these 200 bank accounts in France? It is only God who knows how much money is contained in 70 and 122 accounts.

Abject poverty

There are so many Aid and Humanitarian Agencies in Africa claiming to be helping the people to alleviate poverty but fifty years on majority Africans still wallow in abject poverty with millions of children being left orphans due to diseases such HIV/AIDS and Ebola. Why?

Could it be that the Aid Agencies are not doing any work and claim to be working? Could it be that the Aid Agencies only cry for attention without necessarily doing anything to help the poor? Or could it be that they use the plight of the people to raise money and then use the money to pay fat salaries and bonuses to their staff and hold big parties without necessarily using the money to help the poor?

Every year United States, Japan, the European Union, Germany, Britain, France and Italy claim to give millions of dollars to the poor countries in the form of loans, grants and what have you. But we still have not seen poverty going down or stabilising. What has been happening to the aid money that US, Japan and Europe claim to have been given to third world countries? Who receives those monies and what do they use the money for? How has the ordinary people benefited from the grants and aid? If so much has been received then so much should have been done to reduce poverty isn't it? Why are we still poor despite years of development assistance?

If indeed the Aid Agencies, World Bank, IMF, US, Japan, European Union, Britain, Germany, France have given so much then why are we poor? Is it lack of luck or what? I really don't know can someone please help me?

*The Author is a Political Activist and Anti-Corruption Campaigner

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