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Reply #39: Hiding Africa’s looted funds: Silence of Western media [View All]

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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-28-11 11:55 AM
Response to Reply #37
39. Hiding Africa’s looted funds: Silence of Western media
News America won't see or hear on ABCNNBCBSFowlNoiseNutworks, buy should:

Hiding Africa’s looted funds: Silence of Western media

San Francisco Bay View
March 26, 2011
by Lord Aikins Adusei


Even though it is a common knowledge Western banks are acting as safe havens for looted funds from Africa, very little attention is received from the Western media to expose them. The media tend to focus their energies on the corrupt leaders with little or no mention at all as to where the monies they have stolen are being kept.

There has not been any concrete effort to expose the banks that collude and connive with these corrupt leaders who are impoverishing the people. No effort has been made by the political elite in Europe and America to force the banks to return these stolen monies to the poorest of the poor because they are often the shareholders and beneficiaries of profits made by these banks. They talk about corruption because it is embarrassing to them, but they have no agenda to fight it, as that would mean no fat dividends for them and no cheap credits for their citizens.


These are the banks whose shady dealings with the political and business elite in Africa continue to impoverish African countries but which for profit’s 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; then they begin to act as if they are responsible institutions.

Most of the above named banks have also 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 dictators and 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 are silent about where the funds are being kept.


Thank you, Leopolds Ghost, for giving a damn.
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  -Crude Analysis of Libyan Liberation (by Chris Floyd) Octafish  Aug-26-11 09:59 AM   #0 
  - k and r  nashville_brook   Aug-26-11 10:35 AM   #1 
  - What the empire and its courtisans fear...  Octafish   Aug-26-11 01:53 PM   #12 
     - The usual suspects.  sabrina 1   Aug-26-11 02:17 PM   #17 
  - The latest chapter in global disaster capitalism  hifiguy   Aug-26-11 10:37 AM   #2 
  - Naomi Klein is a must-read.  Octafish   Aug-26-11 01:58 PM   #13 
  - Just finishing "The Shock Doctrine"  hifiguy   Aug-26-11 02:27 PM   #18 
     - Re: "The Shock Doctrine"  MinM   Aug-26-11 09:54 PM   #26 
  - Speaking of which.... "Disaster capitalism swoops over Libya" by Pepe Escobar:  inna   Aug-27-11 05:36 PM   #33 
  - C'mon. Seriously. Is ANYBODY surprised at this? nt  RaleighNCDUer   Aug-26-11 10:58 AM   #3 
  - For me, I'm not surprised as much as disgusted.  Octafish   Aug-26-11 02:01 PM   #15 
  - K&R an imperialist war for oil, etc....  amborin   Aug-26-11 11:00 AM   #4 
  - For a short time, America did not side with the Colonialist Powers...  Octafish   Aug-26-11 11:19 AM   #6 
     - bookmarked for later, Octafish, and thanks for posting this!  amborin   Aug-26-11 02:02 PM   #16 
     - Imagine Africa the economic equal of Europe or North America?  Octafish   Aug-26-11 05:59 PM   #23 
        - not what TPTB wanted, or want...though they do want to gobble up huge swaths of it, as usual  amborin   Aug-26-11 07:06 PM   #24 
     - Dag Hammarskjöld's plane crash, while defending Congo, has just been solved too.  MinM   Aug-26-11 09:35 PM   #25 
        - Zero coverage in the NYT of Dag Hammarskjöld.  Octafish   Aug-27-11 04:58 PM   #32 
        - Very interesting, thank you. I guess this is why no one stands  sabrina 1   Aug-27-11 07:08 PM   #36 
  - Guess Obama wanted to succeed where Bush failed. And Gaddafi was a useful tyrant  Distant Observer   Aug-26-11 11:04 AM   #5 
  - Juan Cole's myth #10 about Libya - This was a war for Libya’s oil.  pampango   Aug-26-11 11:23 AM   #7 
  - +1  Amonester   Aug-26-11 11:54 AM   #8 
  - NATO nations set to reap spoils of Libya war  EFerrari   Aug-26-11 11:58 AM   #9 
  - That's the talking point, the facts are very different and as Bvar's  sabrina 1   Aug-26-11 03:00 PM   #22 
  - Its about a LOT more than just oil.  bvar22   Aug-26-11 12:51 PM   #10 
  - Same sh!t, different day.  EFerrari   Aug-26-11 01:05 PM   #11 
  - thanks for another excellent post, bvar22, cites bookmarked for later!  amborin   Aug-26-11 02:00 PM   #14 
  - Thank you, excellent post bvar22  sabrina 1   Aug-26-11 02:42 PM   #20 
  - Humanitarian, right. I read on the news today about the 'gruesome  sabrina 1   Aug-26-11 02:39 PM   #19 
  - Oil? Oil? Perish the thought.  Tierra_y_Libertad   Aug-26-11 02:50 PM   #21 
  - Another war for oil? Surely not!  MinM   Aug-27-11 09:06 AM   #27 
  - The crude is sweet and the empire wants it now.  Octafish   Aug-27-11 04:44 PM   #30 
  - k&r  Starry Messenger   Aug-27-11 09:10 AM   #28 
  - Duh!!!!!!!!!!!!!  malaise   Aug-27-11 09:12 AM   #29 
  - More tears for Qadaffi the victim of Western imperialism. nt  geek tragedy   Aug-27-11 04:48 PM   #31 
  - no, more tears for another country being fucked over by western imperialism  inna   Aug-27-11 05:53 PM   #34 
  - So, Libya would have been better off if Qadaffi had massacred the rebels?  geek tragedy   Aug-28-11 11:14 AM   #38 
  - I bet you 'loved Saddam' too.  sabrina 1   Aug-27-11 06:03 PM   #35 
  - Cannot recommend because this is over a day old. ;-)  Leopolds Ghost   Aug-27-11 08:17 PM   #37 
  - Hiding Africa’s looted funds: Silence of Western media  Octafish   Aug-28-11 11:55 AM   #39 
  - Kick and a link to Bankster USA about the Over Lords above US...  bobthedrummer   Aug-28-11 12:27 PM   #40 

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