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Tuesday, 31 March 2009

The Cost of Poverty

300 African migrants feared drowned off Libya

Tue Mar 31, 2009 7:53am GMT
 
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GENEVA (Reuters) - More than 300 African migrants are feared to have drowned after their boats capsized off the coast of Libya, the International Organisation for Migration (IOM) said on Tuesday.

Up to three vessels lacking lifeboats are believed to have sunk off Libya in heavy winds as they headed for Italy, while a fourth boat in difficulty was towed to shore, IOM spokesman Jean-Philippe Chauzy said.

"Up to three boats appear to have sunk off the Libyan coast. These boats have no life-saving material on board. It would seem that more than 300 people have disappeared at sea," Chauzy told Reuters in Geneva. "They were not at swimming distance from shore."

(Reporting by Stephanie Nebehay; Editing by Matthew Jones)

Posted by Africa Image at 10:14 6 comments

Monday, 30 March 2009

Africa Politicians: The New Slave Masters


They like to talk like sheep with humility but they act like wolves and lions devouring their victims without mercy. Such are Africa politicians. When they want power they would promise or say anything to get elected but when they get the power then they forget about the electorate and the people. Today in Africa people are so poor that they cannot even provide food for their families. But the politicians in Zimbabwe, Egypt, Sudan, Nigeria, Kenya, Chad, Ghana, South Africa, Guinea, Angola, DRC, Gabon, Uganda, Rwanda, Burundi, Togo and Ivory Coast do not know what poverty is.

Together they have hijacked and exercise full control over all the resources including land, labour, capital and revenues from all economic activities such as oil, gas, cocoa, coffee, tobacco, gold, diamond, coltan, tourism and timber exports. Omar Bongo of Gabon and his circle of friends control all the oil money in Gabon. Obiang Nguema and his cronies exercise full control over the hundreds of millions of dollars of oil money that flow into the country annually. Denis Sassou Nguessou of Congo does the same with his friends and so are Eduardo dos Santos of Angola and Joseph Kabila of DRC.

Like the Slave Masters of the slave trade, the politicians, their cronies, the business elite and the well connected determine and control everything in Africa. They determine which roads should be constructed or resurfaced and which one should not. They determine which village or town gets connected to the national electricity grid; they determine which region or district receives funding for projects; they determine which community receives water infrastructure. They determine which town or community gets access to hospitals and sanitation facilities. They determine who should get a job and who should get sacked. Have you heard that 420 army recruits in Ghana have been asked to go home by the politicians who recently took over power?

The slave masters decide who gets a place to sell in the market, shopping malls and all the major markets in the continent. The slave masters decide who should own a business and who should have a share in that business. They decide who should get a contract and whose certificate as contractor should be withdrawn. Contractors do substandard works, collect hundreds of millions of dollars, give politicians their share and that is all. So a road whose live span is twenty years has to be resurfaced after just two years. For the past fifteen years Accra-Kumasi road in Ghana has been resurfaced more than five times after paying contractors hundreds of millions of dollars. This explains why school buildings collapse and children are killed. It also explains why communities are flooded anytime it rains as poor quality drainage networks are built. Projects costs and costs of major public procurement contracts are inflated three or four times normal cost by the Slave Masters and the poor people are made to pay for it.

You cannot get a certificate to operate a business unless you grease the palm of a politician. You cannot get contract unless you know a politician in the ruling government. You are treated differently if you know the regional minister, the district commissioner, governor or the district chief executive (DCE). A French investigation into corruption at the former oil giant Elf Aquitaine, an executive testified that Elf paid £40m a year to Bongo via Swiss bank accounts in exchange for permission to exploit his country’s reserves. Source: The Sunday Times, 2008.

As far as one knows a cabinet minister he can do whatever he likes and nobody dares question him. It is always the poor and the have nots who get prosecuted and jailed while the politicians and their cronies who commit atrocious crimes against their states live in their mansions to enjoy their booty and ill gotten wealth. If Mr. Bernard L. Madoff had come from any country in Africa he would have been a free man by now as his political friends would have make sure he did not go to jail. Corruption case against Jacob Zuma is being dropped to allow him become president of South Africa.

Big loans are contracted to build projects like presidential palaces enjoyed only by the politicians and the poor are made to pay for it. Like the slavery of old, the politicians, their families, the businessmen and the well connected are not hurt by the storm of poverty in Africa. Despite receiving hundreds of billions of dollars in loans and grants from Europe, Japan, US, IMF and World Bank there is nothing to show for it as poverty continue to swallow the people. The reason is that these loans and grants do not see the light, they are stolen the very day they are released and the poor people are paying for it. This explains why many countries have applied for the HIPC (Highly Indebted Poor Countries) initiative. These corrupt Slave Masters and their associates are holding the people captive with their short sighted, ill-conceived, vote buying, and cosmetic economic policies and programmes thereby giving the people no chance to develop.

The politicians in Africa have titles like Junior Jesus, Servants of the Poor, Friend of the Poor, King of Africa but they are all lies. None of them cares for the poor but their own stomach. Because they care only for their interests, that is why the people have no jobs, no incomes, no savings and have no place to lay their heads. That is why farmers continue to farm using hoes and cutlasses, rely on nature to plant their crops; and have no access to improved seeds, irrigation facilities and credit. That is why children go to school barefooted, on an empty stomach and attend classes under trees while the politicians’ children receive education in Europe and America.

That is why Omar Bongo has at least 33 luxury properties in France alone and spends $100 million a year while majority of Gabonese live on a dollar a day. Dos Santos, Paul Biya, Obiang Nguema, Blaise Campore, Arap Moi, Jerry Rawlings, Joseph Kabila and most of the sitting and past presidents and their families live a lavish lifestyle while majority of the people live in abject poverty.

That is why people have no access to water, food, health care, education and electricity while Citibank, UBS, Barclays Bank, Crédit Lyonnais, BNP, Credit Suisse, are full of stolen money from the continent. That is why there are power blackouts in Accra, Dar es Salaam, Abidjan, Cape Town, Monrovia, Free Town, Lome, Lagos, Kampala, Cairo, Conakry and most of our cities not to mention the rural areas. But the lights in Aso Rock in Nigeria, Osu Castle in Ghana, El Mouradia in Algeria, Abdeen Palace in Egypt, Zimbabwe House in Zimbabwe, Futungo dos Belas in Angola, Mahlambandlovu of South Africa, States House in Kenya and Uganda, will not go off even if there is no water in the Kanji, Akosombo, the Aswam, Kariba, or the Mulunguzi dams.

Because they care only for their interests that is why majority of the people live in slumps, sprawl, shanty towns and in deplorable conditions in Nairobi, Accra, Cairo, Lagos, Soweto, Kampala with little or no access to water, electricity, schools, hospitals, roads, toilet and sanitation facilities. That is why teachers, nurses, and other public workers are poorly paid, have few rights and have little or no entitlement when they go on retirement. But when the Slave Masters leave office after looting the treasuries, they are given several hundreds of thousands of dollars and properties as retirement packages. The Slave Masters have more and are given more. The poor have none and they are denied even the little.

Because they care only for their stomach that is why they allow mining and oil companies to destroy the environment and the livelihoods of the people. Shell, BP and other oil companies have polluted rivers, wells, streams, lakes, creeks and the soil in the Niger Delta region of Nigeria rendering millions of fishermen and farmers jobless. The people of Arlit in Niger and Mounana in Gabon are still suffering after exposure to high radioactive contamination from uranium. The Slave Masters in Ghana, DRC, Liberia, and Zambia look on in agreement while mining companies like AngloAshanti and Mittal pollute the environment.

In the 50 years since oil was discovered in Nigeria, over $400 billion have been realised as revenue but the money has been stolen by the politicians and the corrupt civil servants leaving Nigerians to fend for themselves. The evil genius Abacha and his family were able to bank $4 billion of these monies in Switzerland, Jersey Island, New York, Australia, France and Britain. The story is no different in Angola, Equatorial Guinea, Ghana, DRC, Guinea, Chad, Zambia, Sudan, Liberia, Ivory Coast, Egypt, Algeria, Sierra Leone and Gabon where oil, gas, gold, diamond, copper and other valuable minerals have brought in billions of dollars yet most the people live in abject poverty. The people are poor because the Slave Masters have decided they should remain so, as monies meant for their development have been stolen and are sitting in UBS, Credit Suisse, Barclays bank, BNP, Crédit Lyonnais and Citibank.

Through their grip on power, the Slave Masters have amassed wealth and enriched themselves at the expense of the poor. And in order to perpetuate their rule and enslavement of the people they turn one tribe and one religion against the other as is seen in Kenya, Nigeria, Ivory Coast, Uganda, Rwanda, Burundi, DR Congo, Sierra Leone, Somalia, Ghana, Niger, Mali, Algeria, Egypt, Togo, Liberia and Congo. They install their children as successors instead of allowing democracy to work. Faure Gnassingbe of Togo was installed as his father’s successor and so did Joseph Kabila of DR. Congo who replaced Laurent Kabila, his father as president. There are clear signs that Gamal Mubarak and Major Muhoozi Kainerugaba will respectively replace their fathers as presidents of Egypt and Uganda.

How is the following 2008 US Human Rights report on Gabon different from the treatment of slaves by their owners in the 18th Century?

“The following human rights problems were reported: limited ability of citizens to change their government; use of excessive force, including torture toward prisoners and detainees; harsh prison conditions; arbitrary arrest and detention; an inefficient judiciary susceptible to government influence; restrictions on the right to privacy; restrictions on freedom of speech, press, association, and movement; harassment of refugees; widespread government corruption; violence and societal discrimination against women, persons with HIV/AIDS, and noncitizen Africans; trafficking in persons, particularly children; and forced labour and child labour.” Source: US Human Rights Report on Gabon 2008. Similar abuses are found in Zimbabwe, Ethiopia, Equatorial Guinea, Gambia, Egypt, Mauritania and Guinea.

Pathetically, Africans demanded independence from colonialism only to be recolonised and enslaved by our own leaders. A US Senate investigation in 1997 established that Bongo and his family spend fifty-five million pounds every year. Like Omar Bongo, Denis Sassou Nguesso, Teodoro Obiang Nguema, Blaise Campore, Dos Santos, and their friends in Chad, DRC, have all enriched themselves at the expense of their poor countries often in collusion and connivance with the French political and the business elite and the banking and property institutions. Robert Mugabe was seen having a lavish birthday party with his family and friends while millions of his people face starvation and cholera continues to threaten tens of thousands of them. Africa is poor because of the incompetence of her leaders. The people are poor because they have been denied the opportunity to develop. There are no efficient transportation system; no major infrastructural development, no viable manufacturing sector; no major breakthrough in the universities because monies meant for all that have been stolen by the Slave Masters in full agreement with Switzerland, France, Britain, USA, Luxembourg, Jersey Island, Austria and Liechtenstein.

What will you say when people have no access to food, water, electricity, education, health facilities; cannot pay their rents and fees for their kids; have no jobs and no savings; have no access to toilet and sanitation facilities and cannot democratically change their leaders? If these corrupt, power hungry and heartless men and women are not slave masters, vampires, parasites, blood suckers and draculars then who are they?

By Lord Aikins Adusei

(Consultant, Political Activist and Anti Corruption Campaigner)

 

 

Posted by Africa Image at 19:38 3 comments

Saturday, 28 March 2009

Togo President Gnassingbe Eyadema Dies



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LOME, Togo - The president of Togo, Africa's longest-ruling leader, died Saturday as he was being rushed to Europe for treatment of a heart attack, officials said. His son was named the new leader.

President Gnassingbe Eyadema, 69, suffered a heart attack early Saturday in his hometown of Piya in southeastern Togo and later died, said Barry Moussa Barkue, special adviser to the president.

Hours later, Togo's military high command announced on state television that Eyadema's son, Faure Gnassingbe, is the West African nation's new president.

According to Togo's constitution, the speaker of parliament, Fanbare Tchaba, succeeds the president in the event of his death. It was not immediately clear why that did not happen Saturday.

The station later broadcast images of army chief of staff Gen. Zakari Nandja and other generals swearing an oath of allegiance to Faure Gnassingbe as "the acting president."

Speaking on state radio, Prime Minister Koffi Sama called upon the security forces to keep law and order. He also announced all land and air borders to the tiny West African country had been closed.

"All the country's political, social, religious leaders must avoid any act likely to plunge the country into anarchy and confusion," Sama said.

Eyadema has ruled Togo since 1967, when he came to power following Africa's first postcolonial coup. Only Cuba's Fidel Castro has been in power longer.

Though last re-elected in a May 2003 vote, Eyadema was considered one of Africa's last "Big Men" - rulers holding power through patronage, the loyalty of their ethnic and regional groups, and military force.

He was believed to have heart problems, but the state of his health was not made public. Two weeks ago, he traveled to Switzerland for what authorities said was a medical checkup.

State radio played mourning music, interrupted by Sama's comments.

Barkue said the death was unexpected. He said Eyadema looked "hearty and even granted audience to visitors" on Friday. "So his sudden death is unbelievable."


Source: Associated Press/AP Online

Posted by Africa Image at 13:37 0 comments
Labels: dictators, Eyadema, Faure Gnassingbe

It's a Looting Spree for Africa's First Families

 



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Mrs. Museveni       Photo:Courtesy

I saw red when Janet Keinembabazi Kataha Museveni, the wife of Ugandan despot was appointed a minister in charge of the historically impoverished and semi-arid north-eastern Karamoja region that her husband ruined. I sensed something nasty because Idi Amin never attempted this mania.    

The husband is President. Sadly, the wife is First Lady, minister and an MP! To add insults to injury, the son’s an army commander of his elite group! Museveni’s younger brother, Caleb Akandwanaho, is senior presidential advisor on defence. His daughter Natasha Karugire, is private secretary to the president. This, among others, is an inner-inner sanctum of Museveni.    

Hold your breath.There are still other surprises of other swindlers. When asked why he appointed his wife to ministerial position and if this was not nepotism, Museveni gave hoo-ha and hogwash that no person was ready  to take up this post! This is Museveni position. Mrs Museveni, on the other hand says she’s sent by ‘God’ to fulfill this ‘difficult role that others fear'- to serve Karamoja! This is the second time ‘God’ has sent Mrs. Museveni. The first time was when she was running for Ruhaama consitituency. She alleged that she was sent by God to serve the people of Ruhaama. In other words, Museveni is ‘God’ and Uganda is the kingdom of ‘God’ on earth.

In future, she’ll say that she’s been sent to serve the whole country. This is possible. Maybe, this aims at preempting the whole plot. Currently Yoweri and Janet are like yin-yang to Uganda. They are everything and everywhere.   After turning Uganda into his private estate, Museveni by appointing his wife, broke the record. Methinks, this is paving the way to appointing his soldier son major Muhoozi to take over as it happened in DRC, Togo and will soon happen in Egypt.                                                                  

Museveni must have appointed his wife to measure the waters. He wanted to assess the reaction of Ugandans and the world on this. This, though, seems. It’s likely that  Muhoozi and his step-mother might be in a power struggle. Maybe, Museveni appointed his wife to assure her of his support or to tell his son: his time is still yet to come.    

The story of family empires by African leaders does not end up with Museveni. In Kenya, Kibaki’s empire is in tussle with Paul Muite, a former MP. The game goes on. In Tanzania , Salma Jakaya Khalfan Kikwete, first lady and member of ruling party central committee of CCM and the chair person for WAMA is stealing thunders. Since her husband ascended to power, she has been using her NGO to mint and print money just like her predecessor Anna Mkapa who’s currently under fire thanks to amassing ill-gotten  riches.     

Like Museveni, Kikwete’s greed for power is an open secret. His son Ridhiwan Kikwete is openly groomed to rule. He is among the top people in the Youth wing of ruling Chama Cha Mapinduzi (UVCCM). He’s also a member of ruling party central committee. Ridhiwani like Muhoozi, Gideon Moi and other sons of dictators, has already proved to be a power to reckon with. Recently his law partner, Lawrence Masha, was appointed minister for home affairs without any gist of experience. Their firm is alleged to have benefited from T Shs 8 billion from the bone-chilling theft at the Bank of Tanzania (BoT) known as EPA. Other kids of biggies in Tanzania currently serving in upper posts are Emanuel Nchimbi (Deputy Minister son of party cadre), Dr. Hussein Mwinyi (Full Minister, son of former president), Amani Karume (President of Zanzibar, son of former president) to mention but a few.   

In the president-first-lady-and-kids axis of evil, Anna Benjamin Mkapa scores high marks. She amassed wealth by abusing her husband’s power. Tanzanians are agitating that she should be brought to books. She purchased many government houses at throw away prices. There are unpaid loans involving millions she got from public banks. Some of the banks like National Bank of Commerce were sold to investors. The national power utility TANESCO is bleeding to death after Mrs. Mkapa’s brothers ushered in a bogus company from South Africa-Net Group Solution.   

Different from other first ladies, Mrs. Mkapa did not vie for any public office. Instead she used the state house and NGOs to solicit money. Recently one senior former minister, Prof. Simon Mbilinyi and other CCM supremos came forth and required that Mrs. Mkapa be held responsible in lieu of her husband reminiscent to sabotaging the nation.Were it not for the fact that   president Jakaya Kikwete has questionable deals too, the Mkapas would be behind the bars.

Azeb Mesfin Meles Zenawi (nicknamed Queen of Mega thanks to heading mega corporations in Ethiopia  wraps up our list today. Others call her the Queen of Mega Corruption), a first lady, business woman and an MP representing her home district of Wolkait. Like Salma Kikwete, most of her fortune is made by using the office of her husband. 

Conclusion: Although African potentates seem to be smarter and are feared by their people, behind the curtains, they are mere babies before their spouses! Guess what? After former Zambian first lady, Vera spilled the beans; many African thieves-in-chief decided to conspire with their wives in order to avoid this Vera danger. Others are ‘in hand’ just because they are unfaithful in their marriages. So, to calm down their wives, they just allow them to do whatever they want to avoid squabbles at home.



By Nkwazi Mhango 
Mhango is a Tanzanian living in Canada. He is a Journalist, Teacher, Human Rights activist and member of the Writers' Association of New Foundland and Labrador (WANL
Posted by Africa Image at 09:00 0 comments

Obama Unveils New Afghanistan Strategy



Nine Afghan police were killed by resistance forces who have escalated their military operations in various regions of the country. The US imperialists are sending in additional troops to further the slaughter of the people in this central Asian state.
Originally uploaded by Pan-African News Wire File PhotosFriday, March 27, 2009 
22:19 Mecca time, 19:19 GMT 

Obama unveils new Afghan strategy 

Obama ordered a review of Afghan and Taliban policy after taking office 

Barack Obama has unveiled his administration's new strategy in Afghanistan, including the deployment of an additional 4,000 US troops to train Afghan forces, following a review of policy on Afghanistan and Pakistan. 

The new strategy includes proposals to counter a persistent Taliban and al-Qaeda campaign that spans the two countries' shared border, and additional development aid for both nations. 

Obama, who ordered the review of Afghanistan and Pakistan shortly after taking office in January, said a new strategy was essential because intelligence indicated al-Qaeda was "actively planning attacks" on the US from Pakistan. 

"This is not simply an American problem, it's an international security problem of the highest order," he said on Friday. 

"If the Afghanistan government falls to the Taliban or allows al-Qaeda to go unchallenged, that country will again be a base for terrorists.'' 

But Obama also hinted that the US may be willing to talk to some members of the Taliban, saying there would be "no peace without reconciliation among former enemies". 

"In Iraq, we had success in reaching out to former adversaries to isolate and target al-Qaeda," he said. 

"We must pursue a similar process in Afghanistan, while understanding that it is a very different country." 

However the Taliban told told Al Jazeera in a statement on Friday: "Obama is repeating the mistakes of [former Russian president Mikhail] Gorbachev. 

"If more troops are going to win the war [in Afghanistan], the Russians would already have done so." 

Development 

Obama proposed an additional $1.5n in funding for infrastructure development in Pakistan - to be voted on in the US congress - in addition to setting a goal of building an Afghan army of 134,000 and a police force of 82,000 by 2011. 

There would also be a "substantial increase" in the number of civilians deployed on the ground in Afghanistan for development Obama said, and the US government would also seek "a new compact" with the Afghan government to halt corruption. 

Al Jazeera's Rob Reynolds in Washington says the new strategy combines military action with civilian development, a more comprehensive approach than simply putting "more boots on the ground". 

On Friday the leaders of both Afghanistan and Pakistan praised the strategy shift, with Hamid Karzai, the Afghan president, saying in a statement the move "will bring Afghanistan and the international community closer to success". 

Asif Ali Zardari, the Pakistani president, also praised efforts to increase civilian aid to his country, state news reported. 

However Al Jazeera's Kamal Hyder in Islamabad says the speech will not go down well amongst others in Pakistan, where there is considerable anger over drone attacks in the nation's troubled North-West Frontier province. 

"Any attempts by the US to try to enlarge the 'theatre of war' into Pakistan is not likely to recived well by the people and the government," he said. 

US officials have said success in Afghanistan is impossible without tackling Taliban enclaves in Pakistan, whose government is beset by political turmoil. 

Obama made the issue of Afghanistan a cornerstone of his foreign policy, appointing Richard Holbrooke, a diplomatic veteran, as special representative to Afghanistan and Pakistan in addition to ordering the strategic review. 

The US currently has about 38,000 troops in Afghanistan, in addition to the 17,000 US forces Obama ordered to be deployed in February and around 42,000 Nato troops. 

Source: Al Jazeera and agencies
Posted by Africa Image at 08:12 1 comments

African American Historian John Hope Franklin Joins Ancestors at 94



History professor John Hope Franklin joined the ancestors on March 24, 2009. He was from Oklahoma and graduated from Harvard. He taught at Howard and the University of Chicago for many years.
Originally uploaded by Pan-African News Wire File Photos
Wednesday, March 25, 2009 

John Hope Franklin, Scholar Who Transformed African American History, Dies at Age 94 

DURHAM, N.C. – John Hope Franklin, the scholar who helped create the field of African-American history and dominated it for nearly six decades, has died at the age of 94. 

Franklin died of congestive heart failure at Duke Hospital this morning. He is survived by his son, John Whittington Franklin, daughter-in-law Karen Roberts Franklin, sister-in-law Bertha W. Gibbs, cousin Grant Franklin Sr., a host of nieces, nephews, great-nieces and great-nephews, other family members, many generations of students and friends. There will be a celebration of his life and of his late wife Aurelia Franklin at 11 a.m. June 11 in Duke Chapel in honor of their 69th wedding anniversary. 

“John Hope Franklin lived for nearly a century and helped define that century,” said Duke President Richard H. Brodhead. “A towering historian, he led the recognition that African-American history and American history are one. With his grasp of the past, he spent a lifetime building a future of inclusiveness, fairness and equality. Duke has lost a great citizen and a great friend.” 

Franklin, James B. Duke Professor Emeritus of History, was a scholar who brought intellectual rigor as well an engaged passion to his work. He wrote about history – one of his books is considered a core text on the African-American experience, more than 60 years after its publication – and he lived it. Franklin worked on the Brown v. Board of Education (1954) case, joined protestors in a 1965 march led by Martin Luther King, Jr. in Montgomery, Ala. and headed President Clinton’s 1997 national advisory board on race. 

He is perhaps best known to the public for his work on President Clinton’s 1997 task force on race. But his reputation as a scholar was made in 1947 with the publication of his book, “From Slavery to Freedom: A History of African-Americans,” which is still considered the definitive account of the black experience in America. 

“My challenge was to weave into the fabric of American history enough of the presence of blacks so that the story of the United States could be told adequately and fairly,” he said when the 50th anniversary of the book was celebrated in 1997. “That was terribly important.” 

In January 2005, he spoke at Duke at the celebration of his 90th birthday, displaying the fire that motivated him throughout his long life. While others at the event talked about the past and reminisced about his accomplishments, Franklin focused squarely on the future. He described the event, held the same day as President George W. Bush’s second inauguration, as a “counter-inaugural,” and gave a talk in the form of a letter to a fictional white man he called “Jonathan Doe.” 

He recounted some of the historical inequalities in the United States and recalled some of his own experiences with racism. He said, for example, that the evening before he received the Presidential Medal of Freedom from President Bill Clinton, a woman at his club in Washington, D.C., asked him to get her coat. Around the same time, a man at a hotel handed Franklin his car keys and told him to get his car. 

“I patiently explained to him that I was a guest in the hotel, as I presumed he was, and I had no idea where his automobile was. And, in any case, I was retired,” Franklin said. Both of these incidents occurred when he was in his 80s. 

“What these experiences will do to me in the long run, I do not know. My cardiologist says that they are not good,” he said, continuing with the letter.

“I very much doubt, Mr. Doe, that you have had such experiences. Your race and your consequent position of power and privilege have doubtless immunized you from the experiences that a black person confronts daily, regardless of his age, education, position or station in life.” 

At the time From Slavery to Freedom was published, there were few scholars working in African-American history and the books that had been published were not highly regarded by academics. To write it, he first had to give himself a course in African-American history, then spend months struggling to complete the research in segregated libraries and archives – including Duke’s, where he could not use the bathroom. 

Franklin accumulated many honors during his long career, including the Presidential Medal of Freedom, the nation’s highest civilian honor. He shared the John W. Kluge Award for lifetime achievement in the humanities and a similar honor from the American Academy of Arts and Sciences and the American Philosophical Society, the nation’s two oldest learned societies. 

But he also was revered as a “moral leader” of the historical profession for his engagement in the pressing issues of the day, his unflagging advocacy of civil rights, and his gracious and courtly demeanor. 

Virtually all of the many articles written about “John Hope,” as he was called by friends and colleagues, include the words “distinguished” or “elegant.” His devotion to his wife, Aurelia, who died in 1999, was legendary, as was his love of orchids, which he raised in his Durham home. He even had one named after him: Phalaenopsis John Hope Franklin. 

Franklin recounted the events of his long life in his autobiography “Mirror to America: The Autobiography of John Hope Franklin,” which was published in 2005. To read and hear an interview with Franklin about his book, go to http://www.dukenews.duke.edu/2005/11/jhf_qa.html . 

The grandson of a slave, Franklin’s work was informed by his first-hand experience with injustices of racism -- not just in Rentiesville, Okla., the small black community where he was born on Jan. 2, 1915, but throughout his life. 

Named after John Hope, the former president of Atlanta University, Franklin was the son of Buck Colbert Franklin, one of the first black lawyers in the Oklahoma Indian territory, and Mollie Parker Franklin, a schoolteacher and community leader. 

The realities of racism hit Franklin at an early age. He has said he vividly remembers the humiliating experience of being put off the train with his mother because she refused to move to a segregated compartment for a six-mile trip to the next town. He was 6. Later, although an academic star at Booker T. Washington High School and valedictorian of his class, the state would not allow him to study at the state university because he was black. 

So instead of the University of Oklahoma, in 1931 Franklin enrolled at Fisk University, a historically black college in Nashville, Tenn., intending to study law. 

However, a white history professor, Theodore Currier, caused him to change his mind and he received his bachelor’s degree in history in 1935. Currier became a close friend and mentor and when Franklin’s money ran out, Currier loaned the young student $500 to attend graduate school at Harvard University, where he received his master’s in 1936 and doctorate five years later. 

He began his career as an instructor at Fisk in 1936 and taught at St. Augustine’s and North Carolina College for Negroes (now North Carolina Central University), both historically black colleges. 

In 1945, Alfred A. Knopf approached him about writing a book on African-American history – originally titled From Slavery to Freedom: A History of American Negroes -- and he spent 13 months writing it. 

Then in 1947, he took a post as professor at Howard University, where, in the early 1950s, he traveled from Washington to Thurgood Marshall’s law office to help prepare the brief that led to the historic Brown v. Board of Education decision. 

In 1956 he became chairman of the all-white history department at Brooklyn College. Despite his position, he had to visit 35 real estate agents before he was able to buy a house for his young family and no New York bank would loan him the money. 

Later, while at the University of Chicago, he accompanied the Rev. Martin Luther King Jr. on the march from Selma to Montgomery, Ala. in 1965. 

He spent 16 years at the University of Chicago, coming to Duke in 1982. He retired from the history department in 1985, then spent seven years as professor of legal history at the Duke Law School. 

Franklin was a prolific writer, with books including The Emancipation Proclamation, The Militant South, The Free Negro in North Carolina, George Washington Williams: A Biography and A Southern Odyssey: Travelers in the Antebellum North. He also has edited many works, including a book about his father called My Life and an Era: The Autobiography of Buck Colbert Franklin, with his son, John Whittington Franklin. Franklin completed his autobiography in 2005, which was reviewed favorably in many media outlets across the country. 

He received more than 130 honorary degrees, and served as president of the Phi Beta Kappa Society, the American Studies Association, the Southern Historical Association, the Organization of American Historians and the American Historical Association. 

Franklin’s best-known accomplishment in his later years was in 1997, when he was appointed chairman of the advisory board for President Clinton’s One America: The President’s Initiative on Race. The seven-member panel was charged with directing a national conversation on race relations. 

When he was named to the post, Franklin remarked, “I am not sure this is an honor. It may be a burden.” 

The panel did provoke criticism, both from conservatives who pressured the panel to hear from opponents of racial preference and others who said it did not make enough progress. Franklin himself acknowledged in an interview with USA Today in 1997 that the group could not solve the nation’s racial problems. 

But Franklin said the effort was still worth it. 

In 2007, lent his formidable effort to the issue of reparations for African Americans. Franklin returned to Oklahoma to testify in a hearing urging Congress to pass legislation that would clear the way for survivors of the Tulsa Race Riots of 1921, one of the nation's worst race riots, to sue for reparations. 

At Duke, Franklin’s legacy has been honored in many ways. In 2006 he delivered Duke’s commencement address. After celebrating his 90th birthday in January 2005, Duke held a symposium celebrating the 10th anniversary of the John Hope Franklin Collection of African & African American Documentation in the Rare Book, Manuscript, and Special Collections Library at Duke University. The event also marked the publication of his autobiography. A portrait of Franklin was hung in Perkins Library in 1997. 

And, in 2001, Duke opened the John Hope Franklin Center for Interdisciplinary and International Studies, (jhfc.duke.edu) where scholars, artists and members of the community have the opportunity to engage in public discourse on a variety of issues, including race, social equity and globalization. At the heart of its mission is the Franklin Humanities Institute, which sponsors public events and hosts the Franklin Seminar, a residential fellowship program for Duke faculty and graduate students. 

For Franklin, who continued his scholarly work and public appearances full-bore into his 90s, the work he began in the 1940s still was not finished. 

In a statement to the American Academy of Arts and Letters in 2002, Franklin summed up his own career: “More than 60 years ago, I began the task of trying to write a new kind of Southern History. It would be broad in its reach, tolerant in its judgments of Southerners, and comprehensive in its inclusion of everyone who lived in the region. ... the long, tragic history of the continuing black-white conflict compelled me to focus on the struggle that has affected the lives of the vast majority of people in the United States. ... Looking back, I can plead guilty of having provided only a sketch of the work I laid out for myself.” 

In lieu of flowers, the family has asked that contributions be made to the Aurelia W. and John Hope Franklin Endowed Scholarship Fund at Fisk University, c/o Office of Institutional Advancement, 1000 17th Street North, Nashville, TN 37208. 

For more information on John Hope Franklin, please visit the Franklin Center web site at http://www.duke.edu/johnhopefranklin
Posted by Africa Image at 07:26 1 comments
Labels: african-american

Friday, 27 March 2009

'White, blue-eyed bankers have brought world economy to its knees': What the Brazilian President told Gordon Brown

Source Mailonline

By JAMES CHAPMAN


Gordon Brown’s efforts to broker an £80billion bailout for world trade on a trip to Brazil hit a stumbling block tonight when the country’s president lashed out at ‘white, blue-eyed’ bankers for bringing the world economy to its knees. 

Mr Brown watched on uneasily as his host, President Luiz Inacio Lula de Silva, launched a bizarre tirade in which he warned that next week’s G20 summit in London would be a ‘spicy’ affair. 

President Lula said it was completely unfair that the poorest people in the world were suffering most for the mistakes of wealthy, Western financiers. 

brown and lula

Luiz Inacio Lula da Silva embraces Gordon Brown after the press conference where the Brazilian president made the comments about 'a crisis that was caused by people, white with blue eyes'

‘This was a crisis that was fostered and boosted by irrational behaviour of people that are white, blue-eyed, that before the crisis looked like they knew everything about economics,’ he declared. 

‘Now they have demonstrated that they don’t know anything about economics.’

President Lula, head of Brazil’s main left-wing party, said that ‘no black man or woman, no indigenous person, no poor person’ had been in any way culpable for the global banking crisis.

 

More...

  • Brown to borrow £351billion in the next two years (that's more than Britain's total debt from 1691 to the 1997 election)

‘I’m not acquainted with any black banker,’ he said. ‘The part of humanity that’s responsible should pay for the crisis.’

The president, who apologised for coughing at the start of his joint press conference with Mr Brown because he had been snacking on ‘cheese bread’ immediately beforehand, lavished praise on the Prime Minister’s role in trying to rebuild world economies.

But he said he favoured tougher regulation of the financial sector than Mr Brown and celebrated the chance the crisis gave governments to create a bigger state.

Turning to the G20 summit in London, he added: ‘Normally we are very polite with each other – but this meeting in London, it has to be a little bit spicy, a little bit of heat.’

Brown and Socrates

Mr Brown meets former Brazlian footballer Socrates (left) during his visit at the Pacaembu stadium in Sao Paulo

And Mr Brown also appeared to be criticised from within his own government.

Foreign Office Minister Lord Malloch Brown appeared to issue a warning to the Prime Minister ahead of the G20 summit next week that words needed to be backed up with action.

In an interview with the Associated Press newswire, he said: 'We can't again engage in meaningless, empty commitments which don't survive the flight home.

The global economy is going to go on descending on April 3, the massive destruction of wealth that is going on is not going to be stopped by any leaders' communiqué.' 

The Prime Minister included Brazil on his whistlestop world tour ahead of the G20 because it is the world’s tenth largest economy and relatively open to free trade.

He warned that world trade is already shrinking for the first time in 30 years in the latest phase of the financial crisis.

Mr Brown set out plans for an £80billion trade guarantee scheme to try to keep the global economy moving. The fund would involve money from governments, the World Bank and private capital and being used to increase credit flows that underpin trade deals. 

Take a look at yourselves: Brown and Lula examine their reflections before a conference in Brasilia today

Take a look at yourselves: Brown and Lula examine their reflections before the joint press conference

The Prime Minister said that was the ‘minimum’ amount needed to prevent a full-scale collapse in world trade that could prove catastrophic for many economies. 

Underwriting world trade deals, Mr Brown said, is the fourth weapon at the disposal of governments and central banks as they try to halt their financial decline. 

It follows moves to cut interest rates, use tax cuts and spending hikes as a ‘fiscal stimulus’ and print money, so-called ‘quantitative easing’. 

The Prime Minister’s focus on trade came after he appeared to retreat from the idea of another big debt-funded Budget giveaway following Bank of England Governor Mervyn King’s unprecedented warning that Britain could not afford one.

Doubts have also been cast over whether the UK's public finances could stretch to a further fiscal stimulus, if one was required.

Yesterday the Tories moved to exploit the apparent breakdown in relations between Downing Street, the Treasury and the Bank of England.

Shadow Chancellor George Osborne claimed there was now a serious 'crisis' of confidence' at the heart of the Government following Mervyn King's warning that debt was so high there is no room for further tax cuts and spending rises.

He seized on Alistair Darling's refusal to fully back the Bank of England Governor when challenged by a Tory MP in the Commons. Mr Osborne said: 'A dire situation for the Government just got worse.

'When a Chancellor pointedly refuses in Parliament to express confidence in the Governor of the Bank of England, or agree with the statements he makes on the Budget, then we have reached a crisis of confidence in the Government's economic policy and its ability to lead us into a recovery.'

To drive the message home the Tories also released a two-page dossier on the rift, showing that it proved Mr Brown's policies had failed.

Tory Party Chairman Eric Pickles said the intervention from Lord Malloch Brown challenged the Mr Brown's leadership and his stewardship of the economy. 'This Government and its economic policies are falling apart by the minute,' he said.

Brazil is the third leg of Mr Brown's whistle-stop tour, which started with a speech to the European Parliament in Strasbourg on Tuesday before moving on to New York.

However, his efforts to lay the groundwork for the summit have been beset by signs of tension between the US and Europe over how to tackle the downturn.

Czech Prime Minister Mirek Topolanek - current holder of the EU presidency - has branded US President Barack Obama's fiscal stimulus package and financial bail-out 'the way to hell'

Posted by Africa Image at 11:28 0 comments

'White, blue-eyed people caused crisis'

blue_eyes_2703_B_aap_1612378398

The Brazilian President says the global financial crisis is the fault of white, blue-eyed people (AAP)

The global financial crisis was caused by "white people with blue eyes", says Brazilian President Luiz Inacio Lula da Silva.

Standing next to visiting British Prime Minister Gordon Brown at a news conference in Brasilia, Silva harshly criticised the world's top economies, blaming them for sparking the crisis.

It was caused by "white people with blue eyes" and the world's poorest nations should not have to pay for a crisis they did not create, he said.

Poor 'the first victims'

"It's not an ideological question - the fact is that once again we find that most of the poor who have not even participated in globalisation have been the first victims of the crisis."

As leader of Latin America's largest nation with 190 million people and the globe's ninth-largest economy, Silva has been boisterous in his calls for a new economic order, saying nations including his own deserve more say in how to restructure the world's economy.

He has long blasted the US and the European Union for tariffs and other barriers to exports from developing nations.

Silva said Brown and all world leaders knew that "profound political decisions" were necessary to stem the crisis.

Brown welcomes input

Brown said he would seek feedback from Silva and other leaders of developing nations when the G20 group of nations meets in London next week.

"I welcome Brazil's commitment to play its part," he said.

"Other donors, multilateral development banks, private sector and export credit agencies must also step up and play their part."

Silva added that if the world is to recover from the crisis, "It is absolutely vital ... that world trade is resumed to the benefit of all exporting and importing countries."

Posted by Africa Image at 11:19 0 comments
Labels: Brazil, Lula de Silva, white men
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      • Africa My Home

STOP CORRUPTION

STOP CORRUPTION

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Africa is not poor except that it has been poorly managed by those entrusted with its development and safety. The image of the world's most resource rich continent has been damaged by corruption, poverty,leadership failures, political instabilities, election violence, dictatorships,cronyism, and nepotism. How did it all happen and what can be done to salvage the battered image of continent is the subject matter of this blog - Africa Image.Here at Africa Image we do our best to identify the problems and suggest possible solutions to them.We believe that the problems facing the continent is inherent in the Culture of Politics and Economics as practiced today and therefore for the continent to come out of its current predicament something needs to be done to these two cultures.

Exporting Corruption to the South

Multinational corporations' corrupt practices affect the South in many ways. They undermine development and exacerbate inequality and poverty. They disadvantage smaller domestic firms. They transfer money that could be put towards poverty eradication into the hands of the rich. They distort decision-making in favour of projects that benefit the few rather than the many. They also increase debt; benefit the company, not the country; bypass local democratic processes; damage the environment; circumvent legislation; and promote weapons sales.

Increasing Debt

Bribes put up the prices of projects. When these projects are paid for with money borrowed internationally, bribery adds to a country's external debt. Ordinary people end up paying this back through cuts in spending on health, education and public services. Often they also have to pay by shouldering the long-term burdens of projects that do not benefit them and which they never requested.

The US company, Westinghouse Electric Corp, provides an infamous example. Westinghouse won a contract in the early 1970s to build the Bataan nuclear plant in the Philippines. It was alleged that it gave President Ferdinand Marcos US$80 million in kickbacks. The plant cost $2.3 billion -- three times the price of a comparable plant built by the same company in Korea. Filipino taxpayers have spent $1.2 billion servicing the plant's debts -- even though the plant has never produced a single watt of electricity because it was built at the foot of a volcano near several earthquake faultlines. The Philippine government is still paying $170,000 a day in interest on the loans taken out to finance the nuclear plant and will continue to do so up to the year 2018. Commented Philippines Treasurer Leonor Briones recently:

"It is a terrible burden which never fails to elicit feelings of rage, anger and frustration in me. We're talking of money that should have gone to basic services like schools and hospitals"

Source:Dr. Susan Hawley

Africa Stolen Assets in Western Banks

For example, in 1997, the French Weekly Newspaper published these stolen assets of African rulers: General Sani Abaca of Nigeria, 120 billion FF (or $20 billion); former Ivorian President H. Boigny, 35 billion FF (or $ 6 billion); General Ibrahim Babangida of Nigeria, 30 billion FF (or $ 5 billion); the late President Mobutu of Zaire, 22 billion FF (or $ 4 billion); President Mousa Traore of Mali, 10.8 billion FF (or $ 2 billion).

Other names mentioned by the French Weekly were President Henri Bedie of Ivory Coast, 2 billion FF (or 300 million); President Denis N'guesso of Congo, 1.2 billion FF (or 200 million); President Omar Bongo of Gabon, 0.5 billion FF (or $ $80 million); President Paul Biya of Cameroon, 450 million FF (or $70 million); President Haile Mariam of Ethiopia, 200 million FF (or $30 million); and President Hissene Habre of Chad, 20 million FF (or $3 million). Bear in mind that this list does not reflect the actual amount of money stolen out of Africa by these dictators. Factually, the mentioned figures had changed significantly since the French Weekly article was published in 1997.

There are now new African billionaires and millionaires, including indicted former Liberian President Charles Taylor, President Gabassinga Eyadema of Togo, former Liberian Warlord Alhaji Kromah, former Ghanaian dictator Jerry J. Rawlings, and the late President Samuel Doe of Liberia; a host of African government ministers would make an updated list. While returning funds stolen out of Africa is the right thing to do, efforts must be made by the West and responsible African governments {i.e. the government of Botswana, etc.} to alter international banking laws that will make it difficult for Africa's government officials and corrupt business personalities to transfer huge funds into western banks. The measure was first proposed following the September 11, 2001 attacks but was rebuffed by western financial institutions. Again, we need to revisit this issue: the terrorists could use the thieves in Africa's government Ministries to transfer money into western bank accounts—the money could be used at a later time for terrorists' activities

Did you know?

Did You Know?

Sub-Saharan Africa receives $10 billion in aid but loses $14 billion in debt payments per year.
In Burundi, elimination of education fees in 2005 allowed an additional 300,000 children to attend school.
While more than 80 million Nigerians live on less than $1 per day, in 2005 Nigeria agreed to pay over $12 billion to the Paris Club of creditors in exchange for partial debt cancellation.
In 2003, Zambia spent twice as much on debt repayments as on health care. But partial debt cancellation allowed the government to grant free basic healthcare to its population in 2006.
 

African Voices on Debt

“Must we starve our children to pay our debts?”Julius Nyerere, former president of Tanzania
“The debt is a new form of slavery, as vicious as the slave trade.” All Africa Conference of Churches
“Debt is tearing down schools, clinics and hospitals. The effects are no less devastating than war.” Adebayo Adedeji, African Center for Development Strategy, Nigeria

Source: Africa Action

African money stolen so far

Africa has lost $140 billion through corruption in the decades since independence, says Nigeria’s president, Olusegun Obasanjo. The huge sum, largely spirited away by leaders and their associates, was one of the main reasons why Africa’s poverty was so severe.

(BBC News, June 13, 2002)

In May 1997, the French Weekly Newspaper published these stolen assets of African rulers: General Sani Abaca of Nigeria, 120 billion FF (or $20 billion); former Ivorian President H. Boigny, 35 billion FF (or $ 6 billion); General Ibrahim Babangida of Nigeria, 30 billion FF (or $ 5 billion); the late President Mobutu of Zaire, 22 billion FF (or $ 4 billion); President Mousa Traore of Mali, 10.8 billion FF (or $ 2 billion).


Other names mentioned by the French Weekly were President Henri Bedie of Ivory Coast, 2 billion FF (or $300 million); President Denis N'guesso of Congo, 1.2 billion FF (or $200 million); President Omar Bongo of Gabon, 0.5 billion FF (or $ $80 million); President Paul Biya of Cameroon, 450 million FF (or $70 million); President Haile Mariam of Ethiopia, 200 million FF (or $30 million); and President Hissene Habre of Chad,20 million FF (or $3 million). Bear in mind that this list does not reflect the actual amount of money stolen out of Africa by these dictators. Factually, the mentioned figures had changed significantly since the French Weekly article was published in 1997. There are now new African billionaires and millionaires, including indicted former Liberian President Charles Taylor, President Gabassinga Eyadema of Togo, former Liberian Warlord Alhaji Kromah, former Ghanaian dictator Jerry J. Rawlings, and the late President Samuel Doe of Liberia; a host of African government ministers would make an updated list. While returning funds stolen out of Africa is the right thing to do, efforts must be made by the West and responsible African governments {i.e. the government of Botswana, etc.} to alter international banking laws that will make it difficult for Africa's government officials and corrupt business personalities to transfer huge funds into western banks. The measure was first proposed following the September 11, 2001 attacks but was rebuffed
by western financial institutions. Again, we need to revisit this issue: the terrorists could use the thieves in Africa's government Ministries to transfer money into western bank accounts—the money could be used at a later time for terrorists' activities.

(Paul Japheth Sunwabe) Paul Japheth Sunwabe (a native of Liberia) is a graduate student of World Politics at The Catholic University of America. He is also the co-founder and President of Freedom and International Justice, a Washington DC based inclusive political organization seeking democracy, social justice and economic reforms in Africa. For this and subsequent articles, please visit www.freedomjusticef54.org/articles/

A major shift in funding development in Africa is accelerating. Major donors have been urging African governments to eradicate corruption or face cuts in aid. (African Recovery, by Sam Chege)

Despite the country’s abundant natural resources, including copper, gold and diamonds, the people of the Democratic Republic of Congo continue to sink further into poverty. Meanwhile, Mobutu, the late president who died in 1997, amassed a personal fortune of $5 billion, which was deposited in Swiss banks. (CNN world news, September 7, 1997). After more than three years of legal wrangling, the Nigerian government has finally achieved a major breakthrough in it’s efforts to recoup a substantial amount of money looted by the former president, General Sani Abacha. The money was stored in Swiss bank accounts. Abacha, who died of an apparent heart attack in 1998, had been accused of stealing nearly $3 billion from state funds in a series of staggering revelations of how he and his immediate family personalized Nigeria’s treasury. (This DAY, May 30, 2002)

An excellent way to get rich quick is to be the ex-wife of an ex-president. This is what Mrs. Vera Chiluba is claiming from ex president Chiluba in her application to Ndola High Court: She wants US$2.5 billion in a lump sum, and claims she can prove he has the funds available. She also requires maintenance for their nine children, none of whom are in gainful employment. She also needs a share in 6 properties in Ndola and a commercial farm in Chi samba. Also she needs a new executive Mercedes Benz 500 (or 600), a new Land Cruiser, a new Nissan Patrol, drivers as well and a court order for the return of 400 cattle, sheep and goats which are still at State Lodge.This was taken from the Zambia Post and was also reported in The Zambia Society Newsletter compiled by the glamorous Maggie Currie. Are African presidents the only ones so clever in accumulating wealth so quickly? Even ex president Marcos of the Philippines didn’t get hold of such huge amounts in such a short time. (Elias Georgopoullos, Saturday, April 27, 2002 at 12:52:22 PDT)

The French journal, ‘L’Evenement du jeudi published an article stating that the president of Cameroon, Paul Biya, is worth more than $45 billion FCA, money gleaned from the sales of petroleum. Mr. Biya has not refuted these claims.(Post watch Fact File report by Ntemfac Ofeae, undated).

The late president Mobutu of the Democratic Republic of Congo holds the record for financial plunder and national ruin. It is estimated that he stole $4 billion, leaving the country poorer than he found it, with ruined infrastructure and no formal economy to speak of. A close second to Mobutu is the late dictator of Nigeria, Sani Abacha, whose rule left 70 percent of Nigeria’s 120 million people living on less than one dollar per day. In Kenya, the Daniel Arap Moi dictatorship must be given credit for the systematic destruction of what used to be Africa’s economic showcase from the 1960s through the 70s. The authoritative Africa Confidential put Moi’s external bank holdings at $3 billion. In the so-called Goldenberg scandal, the Moi regime bolted with an estimated $1 biliion from its own central bank (12 percent of the national’s GDP), setting off a spiral of inflation, economic stagnation, unemployment, crime, ruined agricultural sector and decaying public services. (Testimony on the social and political costs of the theft of public funds by African Dictators: US House of Representatives Committee on Financial Services by Michael Chege, University of Florida, May 9, 2002)

Recent surveys carried out by the World Bank in a series of developing countries to compare budget allocations to actual spending at the facility level have confirmed that resources are not allocated according to underlying budget decision. In Uganda and Tanzania, large parts of funds were diverted elsewhere or for private gain. (U4 Utstein Anti corruption resource website) Peter Machungwa, Home Affairs Minister, Godden Mandandi, Works and supply Minister were arrested on Tuesday night in connection with the disappearance of $2 billion in government funds.(Business Day, October 24, 2002) Paul Tembo, former deputy minister of Finance, was shot dead in his home hours before testifying in corruption trial of three cabinet ministers. (BBC News, July 9, 2001). Zambian police and politicians have been identified to be the worst corrupt elements in the country. (AllAfrica.com, March 1, 2001)

SOURC :TRACEAID

Hiding The Loot: Western Banks and Third World Assets


"Money laundering is the handmaiden of international corruption ... Those who take bribes must find safe international financial channels through which they can bank their ill-gotten gains. Those who provide the bribes may well assist the bribe takers to establish safe financial channels and launder the cash."

Frank Vogl, Transparency International

"America cannot have it both ways. We cannot condemn corruption abroad, be it officials taking bribes or looting their treasuries, and then tolerate American banks making fortunes off that corruption."

US Senator Carl Levin

Private banking services and offshore financial centres are the major conduits and repositories for bribes and corrupt gains. An estimated US$40 billion from poor and former communist economies finds its way into US or European banks every year, much of it illegitimately gained. Some $30 billion of Western aid "used as part of the Cold War game of winning friends" has ended up in Swiss bank accounts alone. Leaders from some African countries have collectively had up to $20 billion on deposit in Switzerland's banks. Haiti's "Baby Doc" Duvalier is known to have kept $300-900 million in offshore banks, while Philippine President Marcos salted away well over $2 billion in Western banks

How the IMF/WB Helped Africa to become poor

Much of poor country debt is related to the Cold War, when both sides pushed money at their supporters. Zaire's ruler, Mobutu Sese Seko, was one of the world's most corrupt leaders and it was for his government that the word “kleptocracy” was first coined. Mobutu became one of the world's richest men, with a personal fortune estimated at more than $10 billion and palaces in Europe and Zaire. But the West saw Mobutu as a loyal ally in the Cold War (in part for his support of the US, in its backing for Unita in Angola). In 1978 the IMF appointed their own man, Edwin Blumenthal, to a key post in the central bank. He resigned two years later, complaining of “sordid and pernicious corruption” that was so serious that “there is no chance, I repeat no chance, that Zaire's numerous creditors will ever recover their loans.”

Shortly after Blumenthal's report to the IMF, it gave Zaire the largest ever loan given to an African country. [1] When Blumenthal wrote his report, Zaire's debt was $5 billion; by the time Mobutu was overthrown and died in 1998, the debt was over $13 billion. In the six years after Blumenthal's report, the IMF lent Zaire $600 million and the World Bank $650 million. In those six years Western governments lent Mobutu nearly $3 billion. Commercial banks refused to lend more to Mobutu during that period.

Patricia Adams in her book Odious Debts [2] estimates the Philippines dictator, Ferdinand Marcos, and his wife Imelda, pocketed literally one-third of the Philippines' entire borrowing – much of it in the form of kickbacks and commissions on aid and loan-funded projects. His personal wealth when he was overthrown was $10 billion.Source: Jubileeresearch.org

“The private banking boom has its origins in the debt crisis and is a major reason for the continued indebtedness of many poor countries”, it notes. “Because of the debt crisis in the late 1980s onwards, Western banks had fewer opportunities to lend to Third World countries and thus started to pursue wealthy individuals in the Third World to encourage them to place their wealth in private bank accounts.

“The result was a revolving door. International loans to developing countries were creamed off by those in power and transferred into banks, ironically often to `private banking' branches of the very same international banks that had issued the international loan in the first place.”SOURCE:WWW.GREENLEFT.AU

CIA, AFRICA CONFLICTS AND POVERTY

In one of the classic, ironic follies of intelligence charades, Gulf Oil Company employees returned immediately to resume pumping the Angolan oil-protected militarily by Cuban soldiers from CIA mercenaries who were still marauding and destabilizing the countryside. Nor did the Angola tragedy end with the CIA's defeat in the winter of 1976. Under President Reagan, congressional restraints were lifted and the CLA resumed its support of Jonas Savimbi and his UNITA forces. Over the years the continued destabilization has taken a horrendous toll: the Red Cross counts over 20,000 walking-maimed in Angola today and the central part of the country, which used to be its bread basket, is now a recognized zone of famine.


Aid to Third World won't be necessary If the West cracks down on crooked banks

The World Bank’s Stolen Asset Recovery initiative estimates the cross-border flow of proceeds from criminal activities, corruption and tax evasion at between $1 trillion and $1.6 trillion per year, about half of which comes from developing and transitional economies. This dwarfs foreign aid, which totaled about $50 billion a year through the 1990s and is about $100 billion today. So we have $50–100 billion of aid flowing into poor countries, and $500–800 billion of dirty money flowing out. In other words, for every dollar Western governments have been handing out across the top of the table, crooked Western banks, businesses and middlemen of various descriptions have been taking back up to ten dollars of illicit proceeds under the table.
Aid to the Third World will not be necessary If Western  countries crack 
down on crooked banks,businesses and middlemen.

Dirty money in many forms welcomed by the United States and Europe allows the proceeds of drug trafficking, racketeering, corruption and terrorism to tag alongside. These are parallel rails on the same tracks coursing through the global financial system. In 2006, developing regions owed $3,7-trillion in “odious” debt, servicing more than $570-billion per annum. An analysis by economist James Henry revealed that more than $1-trillion worth of loans “disappeared into corruption-ridden projects or was simply stolen outright”.

Africa's Corrupt Leaders :Who is Who

A US Senate inquiry in 1999 revealed that the giant Citibank held private accounts for many corrupt Third World leaders. These included Gabonese president Omar Bongo (who transferred US$100 million, allegedly including bribes from French firm Elf-Aquitaine, through his three accounts), Bhutto's husband Asif Ali Zardari ($40 million, including $10 million allegedly from kickbacks on a gold importing contract), the three sons of former Nigerian strongman Sani Abacha ($110 million in accounts, plus $39 million lent to them to deposit in Swiss accounts after the new Nigerian government began investigations) and Raul Salinas, brother of one-time Mexican President Carlos Salinas ($80-$100 million in alleged drug money).

Africans do not Need Transparency International Index, They Want to Know where Their Money has Gone

While the Corruption Perception Index does provide an invaluable ranking for investors trying to assess country risk, it is of little use to the citizens of oil-rich Nigeria, for example, to be informed by the CPI that their country is among the world’s most corrupt. Nigerians and others like them want to know where their money has gone.Consider the brutal Nigerian president Sani Abacha, who died in 1998, allegedly in the company of Indian prostitutes, but not before he had raked off billions of dollars of oil money from state coffers. Or to take a more recent example, we now know more or less how relatives and associates of the former Kenyan President Daniel arap Moi diverted hundreds of millions of dollars into their pockets through a web of shell companies, secret trusts and other evasive structures. Two jurisdictions that happily soaked up the embezzled wealth of both regimes are worth highlighting: Switzerland and the United Kingdom. “The UK authorities and banks”, the BBC reported after a bit of the money was eventually returned, “were found to have been even less cooperative than the Swiss, despite the latter’s long and sullied reputation for protecting allegedly stolen assets.”The Corruption Perception Index (CPI) ranks the countries of Africa as the primary locus of corruption, but it ignores the global infrastructure of international financial secrecy that has helped bleed trillions of dollars in illicitly generated money not only out of Africa but also out of the Middle East, Latin America and Russia into the financial centers of the richest countries in the world especially Britain, Switzerland, Lexumbourg, Austria, Liechstentein and in France where Omar Bongo, Obiang Nguema, Denis Sassou Ngeusso and a host of African leaders have bought several properties using funds stolen from their countries. For example, the CPI ranks the countries of Africa as the primary locus of corruption, but it ignores the global infrastructure of international financial secrecy that has helped bleed trillions of dollars in illicitly generated money not only out of Africa but also out of the Middle East, Latin America and Russia into the financial centers of the richest countries in the world.

Corruption, tax evasion, and criminal activitivities causing poverty in the Third World

Global Financial Intergrrity says:Every year developing countries lose as much as $1 trillion due to illicit financial practices such as government corruption, tax evasion, and criminal activity. Today’s pledge from the G-20 to increase funding for the IMF and for the developing world are laudable, but these efforts must also address illicit capital flight which remains the greatest impediment to economic development and poverty alleviation.

GFI Director Raymond Baker said today “increasing aid will be marginally effective as long as the so-called shadow financial system remains intact. Comprised of tax havens, secrecy jurisdictions, and a host of other entities and techniques designed to shift assets across borders illicitly, this global network is facilitating a draining of assets which outpace official development aid at a rate of 10 to one. This means that for every $1 dollar that goes into developing countries as aid, $10 goes right back out via courtesy of this shadow financial system.”

France:Protector of Corrupt African Despots.

Nicholas Shaxson, author of Poisoned Wells, wrote of the subject: “Magistrates discovered the money from Elf’s African operations financed French political parties and officials, and supplied bribes to support French commercial, military and diplomatic goals around the world. In exchange, French troops protected compliant African dictators.”

France has been the protector of corrupt African dictators who amass wealth at the expense of their poor countries. Most of the monies stolen by the leaders of French speaking African countries end up in France. French Police investigation recently revealed that Omar Bongo of Gabon has 33 luxury properties in France and so are Denis Sassou Nguesso, Eduardo dos Santos, Blaise Campore, and a host of others.

SHELL OIL CO. & CITIBANK USA ARE PARTNER IN CORRUPTION

How deep is corruption in Africa?
Anti-graft posters
In Kenya, posters are being used to fight graft

In Nigeria, the international oil giant Shell admitted that it inadvertently fed conflict, poverty and corruption through its oil activities in the country.

Nigeria contributes to about 10% of Shell's global 

production and is home to some of its most promising reserves, yet the country is steeped in poverty and

conflict.

According to Shell, it has been difficult to operate with integrity in areas of conflict like Nigeria.

In some Cameroonian public hospitals, patients say 

they have to put some money in the doctor's 

consultation book before they are attended to.

And in some schools, a student cannot pass 

examinations without bribing the teachers.

In Zambia, former President Fredrick Chiluba is

 facing corruption charges for offences he allegedly 

committed during his term in office.

SOURCE:BBC

A US Senate inquiry in 1999 revealed that the giant Citibank held private accounts for many corrupt Third World leaders. These included Gabonese president Omar Bongo (who transferred US$100 million, allegedly including bribes from French firm Elf-Aquitaine, through his three accounts), Bhutto's husband Asif Ali Zardari ($40 million, including $10 million allegedly from kickbacks on a gold importing contract), the three sons of former Nigerian strongman Sani Abacha ($110 million in accounts, plus $39 million lent to them to deposit in Swiss accounts after the new Nigerian government began investigations) and Raul Salinas, brother of one-time Mexican President Carlos Salinas ($80-$100 million in alleged drug money).

Supporting Corporations to keep Africans Poor:The Role of IMF and the World Bank

The IMF and World Bank tax policies towards the developing world is very lethal especially where the poor are now caught in tax brackets, courtesy of the IMF and World Bank’s structural adjustment programmes (SAP), instituting policies ranging from “tax holidays” to the privatisation of state services, carving out huge slices of natural capital at corporate auctions. SAPs were justified on the basis of outstanding debt, unilaterally contracted by corrupt and despotic regimes; a considerable portion siphoned in virtual suitcases almost on arrival. Africa has collectively lost more than $600-billion in capital flight, excluding other mechanisms of flight including ecological debt (globally estimated at a potential $1,8-trillion per annum), the cost of liberalised trade (just under $300-billion) … and the list goes on …

Yet it is impossible to ascertain the origin and destination of capital flight as the international financial community successfully lobbied to have automatic exchange of tax information scrapped from the IMF’s Article of Agreements, immunizing corporate and Third World corruption. Though Africa has been labelled as the world’s most corrupt region, generally 3% to 5% of total outflow emanates from the political elite, with 30% composed of criminal flight. Multinational internal mispricing makes up 60% of capital outflow, with corporations declaring profits in tax havens, as opposed to the country of performance.

For example, in 1998 the Pakistani anti-corruption agency investigated 21 Western companies for paying kickbacks to Benazir Bhutto's government for public contracts to provide electricity. That government had signed so many contracts with power companies that Pakistan was contractually bound until 2010 to produce more energy than it could possibly consume.

Six of the companies later confessed to offering bribes. Yet, far from receiving support for its stand from Western governments, Pakistan's anti-corruption agency was warned by the British, US, Japanese and Canadian governments that its investigations would put off other investors. The IMF, meanwhile, made a package of loans conditional on the government dropping the charges against the companies involved.When consultants Morgan Grenfell urged against the sale of the Uganda Commercial Bank, the World Bank and IMF insisted the sale go ahead. Sold to a Malaysian engineering consortium linked to the brother of the Ugandan president, the bank had to be re-nationalised in 1998 “after running into trouble giving out millions of dollars worth of dubious loans”.

According to the head of Uganda's privatisation unit, “When [the sale of Uganda Commercial Bank] went bad”, the World Bank “disappeared off the radar screen” and refused to take any responsibility for it.

Source:

greenleft.org.au

How Corporations Cheat poor countries

According to Global Financial Integrity, $900-billion is “secreted” each year from underdeveloped economies, with an estimated $11,5-trillion currently stashed in havens. More than one quarter of these hubs belong to the UK, while Switzerland “washes” one-third of global capital flight. “The idea that Switzerland has a clean economy is a joke; it is a dirt-driven economy,” stated Richard Murphy, director of Tax Research LLP. The Swiss Bankers Association claims that four-fifths of the nation supports banking secrecy, revealing a society deeply embedded in a culture of impunity and exploitation, where the licit acts as a shield protecting the illicit in a terribly respectable manner. Companies doing business in the third world declare about 50% of their profits and then stash the rest in havens.

Anti-Corruption Campaigners

Fighting corruption has become a daily battle for anti corruption campaigners,civil society organisations, NGOs and governments around the world. But corruption will not go away so far as there are banking secrecy laws in Switzerland, Austria, Luxembourg and Liechtenstein that allow banks to accept money without questioning its source or releasing the names of their clients.It will not go away so far as France, Britain and the US allow property dealers to sell to corrupt African leaders without questioning where they got the money. The offshore banks in Jersey Island and the Islands in the Caribbean and the Pacific are a key part in promoting corruption and poverty around the world as the safe havens they provide makes it ideal for corrupt officials to steal and hide their loots.Corruption exists because those who steal do not lack a place to hide them. Any time money is stolen from Africa you do not have to look far, just ask the Swiss Banks they always have a clue. Of course, it won’t be easy. Powerful vested interests have a lot to lose from cleaning up the current state of global capitalism. But the rest of us have even more to lose if we don’t. If global capitalism cannot be rendered essentially fair, then it is unlikely to be sustainable in a world where formerly marginalized people are rapidly emerging from eons of political ignorance and passivity. We either join together to fix this problem, or it will surely “fix” us. Citizen Action Against Poverty and Corruption in Nicaragua, which is demanding that the president and other officials declare the sources of their incomes; the Uganda Debt Network and the International Anti-Corruption Theatre Movement are increasing their voice

The Cost of Corruption

Corruption in Africa is costing the continent nearly $150bn a year, according to a new report.

The African regional body, the African Union (AU) has drawn up a convention to stamp out malpractices which the study says are hitting the poorest the hardest.

The report says corruption hits the poorest hardest
Corruption is illegal everywhere in Africa, but everywhere it is woven deep into the fabric of every day life.

From the bottle of whisky slipped under the counter to speed a traveller's way through customs, to the presidents and ex-presidents living way beyond their declared means, it results in an assumption that no business will ever get done without a present changing hands.

The report before this week's meeting of the African Union in the Ethiopian capital, Addis Ababa, makes no attempt to excuse these "gratifications" as part of the culture.

It says that corruption is costing Africa more than $148bn dollars a year, increasing the cost of goods by as much as 20%, deterring investment and holding back development.In Uganda, often held up by the IMF and World Bank as a model of the success of their policies, the government has set about privatising 142 state-owned enterprises since 1992, the sales of which was expected to net US$500 million. However, by 1998 the process had been halted twice by parliament because of corruption: at the end of that year, the government account set up to hold the proceeds of privatisation was empty.The cross-border flow of the global proceeds from criminal activities, corruption, and tax evasion is estimated at between $1 trillion and $1.6 trillion per year.

·   25 percent of the GDP of African states lost to corruption every year, amounting to $148 billion, but the problem is seen in all continents.

·   Corrupt money associated with bribes received by public officials from developing and transition countries is conservatively estimated at $20 billion to $40 billion per year—a figure equivalent to 20 to 40 percent of flows of official development assistance (ODA).

(Please see Stolen Asset Recovery Initiative: Challenges, Opportunities, and Action Plan, p. 11)

 

Development benefits of asset recovery (see p. 11)

Every $100 million recovered could fund:

·         First-line treatment for over 600,000 people with HIV/AIDS for a full year; or

·         50–100 million in drugs for the treatment of malaria; or

·         Some 250,000 water connections for households.

Country cases:

 

·   After an 18 year saga which ended in January 2004, the Philippines were able to repatriate $624 million of Ferdinand Marcos money held in Swiss Bank accounts.

·   Between August 2001 and 2004, Peru recovered nearly over $180 million stolen by Vladimiro Montesinos from several jurisdictions such as Switzerland, Cayman Islands and the United States.

·   Between September 2005 and early 2006, Nigeria recovered $505 million of the Sani Abacha money frozen and forfeiture by Swiss authorities.

·   In July 2006, British authorities returned $1.9 million of the allegedly illicit gains of Diepreye Alamieyeseigha, governor of the oil-rich Bayelsa state in Nigeria.

·   In May 2007, an agreement between the governments of the United States, Switzerland and Kazakhstan allowed for the repatriation of $84 million.

·   While the recent experiences of Nigeria and Peru have taken an average of five years to achieve positive results, asset recovery is a time consuming process which can impose a huge toll on the credibility and sustainability of the efforts, not to mention seriously undermine the political will to endure this task.

Ratification of the UN Convention Against Corruption (see page 15)

 

·   Half G8 countries have ratified UNCAC. Canada, Germany, Italy and Japan have not.

·   Half of OECD countries have ratified UNCAC.

·   13 of the 54 jurisdictions classified by the IMF as offshore financial centers (OFCs) have ratified UNCAC. Source: World Bank

The role of the West in promoting corruption & poverty in Africa

Europe and North America have had it both ways. They condemn corruption abroad, be it officials taking bribes or looting the funds of their poor countries, and then tolerate their Banks who make fortunes off that Corruption.

The banks that received 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.

Some of these same banks have been accused of aiding Mobutu Sese Seku, Lansana Conte, Arap Moi, Omar Bongo, Obiang Nguema, Denis Sassou Nguesso,Eduardo dos Santos and a host of others in looting their countries.Are these banks sincere partners of the global community? Can't the ICC bring charges against them for committing crime against humanity?
The Corruption Perception Index (CPI) ranks the countries of Africa as the primary locus of corruption, but it ignores the global infrastructure of international financial secrecy that has helped bleed trillions of dollars in illicitly generated money not only out of Africa but also out of the Middle East, Latin America and Russia into the financial centers of the richest countries in the world especially Britain, Switzerland, Lexumbourg, Austria, Liechstentein and in France where Omar Bongo, Obiang Nguema, Denis Sassou Ngeusso and a host of African leaders have bought several properties using funds stolen from their countries.

Ineffective Western laws partly to blame for corruption in Africa

The U.S. Foreign Corrupt Practices Act (FCPA) of 1977 followed both the Watergate scandal, which helped create the right political climate, and a series of investigations revealing that more than 400 corporations had admitted paying $300 million to foreign government officials to win projects. Most of these foregn government officials were in Africa.Yet the FCPA did not trigger a decisive shift in global policy debates, since other countries did not follow America’s lead. After 1977, companies from Germany, France, Britain and other countries still did business as before, gleefully corrupting foreign and domestic officials to steal contracts from under the noses of their more squeamish American competitors. We had lied to nearly everyone, lies that were quickly exposed. Some of those lies to the U.S. Congress, covering up what we had done, amounted to perjury and could have been prosecuted as such. We had allied the United States with South Africa in military activities, which was illegal and impolitic. We had delivered white mercenaries into Angola to kill blacks as a technique of imposing our policies on that black African country. Meanwhile, we-not the "Communists"-had interfered with U.S. commercial interests. We had withdrawn Boeing Aircraft Corportion's licenses to sell five jetliners to the Angolan airlines, and we had blackmailed Gulf Oil Company into putting its $100 million payments in escrow instead of delivering them to the Bank of Angola. We had poisoned the missionaries' efforts to run vital schools and hospitals.

SWISS BANKING SECRECY UNDER FIRE



BANKING SECRECY

Banking secrecy is far from being a simply Swiss phenomenon. The European Commission is also targeting Belgium, Luxembourg and Austria. The Organisation for Economic Cooperation and Development also considers that Andorra and Monaco are non-cooperative tax havens, whereas Liechtenstein has cooperated with the EU since last year.

Banking secrecy is limited in Britain and the US but the two countries do have territories where it is less restrictive. Singapore has drafted plans in the general direction of the OECD. But when it comes to Hong Kong, China is deaf to EU demands for more transparency.

It must be noted that development has evaded Africa and most of third world countries due to the existence of banking secrecy which allow corrupt politicians to loot the coffers of their countries.Swiss banks have been accused of accepting money from people like Sani Abacha, Mobutu, Eyadema, Arap Moi, Omar Bongo, Obiang Nguema, Blaise Campore, Denis Sassou Ngueso, Eduardo dos Santos, Sadam Hussein, Ferdinand Marcos without questioning the source of their wealth.The former dictator's estate near Lausanne

The former dictator's estate near Lausanne (Keystone)

A buyer has finally been found for the Swiss retreat of the former Zairean dictator, Mobutu Sese Seko.

The villa in Savigny, canton Vaux, went to a Swiss buyer for SFr3.1 million during an auction on Thursday.

Local authorities had previously received written offers to the value of SFr2.5 million, the minimum price set at a previous auction, although the property is estimated to be worth considerably more at SFr4.25 million.

The villa of the former president of the Congo, who died in Morocco in 1997, was impounded in May 1997 at the request of judicial authorities in Mobotu’s homeland.

Cars and furniture inside the house were sold off in June, raising SFr270,000.

It is not yet clear whether the proceedings of the sale will go the Democratic Republic of Congo or to Mobutu’s estate.

swissinfo with agencies

Switzerland has failed to return Mobutu's looted funds

The Swiss government, backtracking under public pressure, promised today to widen a hunt for what is alleged to be billions of dollars belonging to Zaire's embattled ruler, Mobutu Sese Seko.

The government previously said an informal survey of Swiss banks had found no trace of Mobutu's controversial fortune, estimated by Swiss media to total about $4 billion spread among secret bank accounts in the Alpine republic. A Swiss newspaper reported last weekend that one of Mobutu's sons regularly gave his business partners a Swiss account number when he did business for himself or the family.The Federal Banking Commission, the country's banking watchdog, said it will expand its investigation to locate all the money. From Washington Post

Despite the promise to find all the money, Swiss authorities have failed to do so.

ASSET RECOVERY

A recent European Commission report estimated that “stolen African assets equivalent to more than half of the continent’s external debt are held in foreign bank accounts”.1 Following the international legal precedent set by the Holocaust Claims Commission in recovering assets stolen from the Jewish people by the Nazi regime, some African leaders have begun to focus on the repatriation of these looted African assets as an important element of anti-corruption efforts. Asset recovery is fraught with the complicity of the banks involved, the navigation of a costly international legal labyrinth and the fact that those most implicated in public looting usually have the most power and influence.By  Daniel Scher. 
Read full article on www.iss.co.za

MOBUTU'S STOLEN ASSETS STILL FROZEN

Mobutu assets stay frozen

The Swiss government has once again extended the freezing of assets deposited in Swiss banks by the late president of Zaire, Mobutu Sese Seko.

The deadline for returning the assets worth around SFr8 million ($6.54 million) to Mobutu's family has now been pushed from February 28 to April 30 to give legal authorities more time to work on the case.What do Mobutu, Abacha, Omar Bongo, Obiang Nguema, Denis Sassou Nguesso, Jose Eduardo dos Santos and Lansana Conte have in common? Their bankers. All leaders have numbered Swiss, French, British accounts in order to deposit ill-gotten gains. Why? Bank secrecy.

Fighting Corruption to Reduce Poverty

Anytime money is stolen from the people,roads, schools,hospitals,bridges, silos, irrigation facilities,rail lines,harbours are not built and poverty get increased. But anytime corruption is stopped the economy begins to grow and poverty begins to go down. Therefore let us name and shame those who make fortunes out of the poor people. Let us support those who take the risk to name and shame corrupt officials in their mist.

Swiss Banks Again

The Swiss government has agreed to freeze accounts in UBS banks of former Haitian dictator Jean-Claude Duvalier following a request by two Haitian plaintiffs, reports AFP (Feb. 6, 2008). "We obtained the sequestration of the funds in Basel (Switzerland) in early January," said Mark Henzelin, lawyer for the two plaintiffs--a priest and a taxi driver--told the Swiss ATS news agency.$6.2m was stolen and kept in Swiss banks by the former Haitian leader.

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