Wednesday, June 5, 2013

Feast On Each Other’s Flesh (REVISION)

Angola’s people live in shanty towns without clean water
and mothers and children suffer while natural resources
needed to fight poverty and unemployment are stolen by
the rich to be avariciously squandered for personal gain

Forbes magazine notes Africa's first woman billionaire –
worth $2-billion, as Isabel dos Santos, daughter of Angola's
leader; African politicians keep begging for international
aid while feasting on the flesh of their countrymen

Laughing disdainfully because donations further enrich
themselves while small percentages, if any, reach the
civilians who’ll be likely fodder for another civil war as
soon as politicians loose the plot, becoming even more

Gluttonously greedy – insane enough to start fighting
one another to feast on each other’s flesh …

**************************
Angola - $750-million missing from treasury in a debt repayment
deal with Russia facilitated by a Swiss bank and a shell company
$263-million --------------for Russian and French arms dealers
$36-million ----------------for President José Eduardo dos Santos
$400-million went into deals between bankers and shell companies

$40-billion from oil production 2011 enriches a small group around
Angola’s President, the population is living below the poverty line;
the missing $750- million was meant for Russia in repayment of a
1.5-billion debt which had originally been obtained by promissory
notes on oil shipments but which had been appropriated by shell
companies, $36 went to front companies through the President

This Angola-Russia deal shows the EU Parliament how money is
siphoned off to criminals, more than $50-billion a year transferred
from Africa where it should be used to construct infrastructure as
the need is high, yet it is a terrible fact:

African countries lose THREE times more money to tax havens
………………than they receive in aid…………………….

mg.co.za/‎
The Mail & Guardian Online South Africa's oldest quality
news source on the ... Some $750-million is missing from
Angola's treasury from a debt repayment deal ......

http://www.cw-uk.org/angola-russia-report/

“The deal with Russia was facilitated by a Swiss bank and a
shell company registered in Britain's Isle of Man. Russian
and French arms dealers got away with $263-million, Angola's
President José Eduardo dos Santos reportedly stashed away
more than $36-million, and another $400-million is unaccounted
for, according to Corruption Watch UK and Angola's Clean
Hands association of human rights lawyers. The Angolan exposé
is the latest of a slew of reports on corruption, its cost to
development, and how it is aided by bankers and shell
companies that keep secret the identities of owners.”

5 July 2013

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