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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

EXCERPT...

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.

SNIP...

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.

CONTINUED...

http://sfbayview.com/2011/hiding-africa%E2%80%99s-loote... /



Thank you, Leopolds Ghost, for giving a damn.
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