Posts Tagged ‘Bob Geldof’

Money raised for Africa ‘goes to civil wars’

Tuesday, May 13th, 2008

– Things are seldom what they seem which means that to make intelligent choices, we must dig and be passionate and skeptical at the same time. So many of us want to believe without doing the hard work of considering what it is we believe in and why. Consider this story and all the folks who gave money with the best of intentions.

– And for those who, rightly, want to know who it is that is making these accusations, here’s a link to a Wikipedia article about Dr. Loretta Napoleoni:

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Billions of dollars raised for African famine relief by celebrities Bono and Bob Geldof have instead funded civil war across the continent, says terrorism expert Dr Loretta Napoleoni.

London-based Napoleoni, in Auckland to appear at the Writers & Readers Festival, has written two books, Terror Inc: Tracing the Money Behind Global Terrorism and Insurgent Iraq: Al-Zarqawi and the New Generation, on the economics of terrorism.

Her latest book, Rogue Economics, studies the destabilising effect of economic globalisation, focusing in part on why more than half a trillion dollars worth of aid sent to Africa since the 1960s failed to reach the intended destination – developing the nations’ economies.

That huge amount of aid, which includes money from the United Nations and donations generated by Live Aid for Ethiopia, organised by Geldof, and the Live 8 concert in 2005, organised by Bono, has instead “served as a rogue force, notably as an important form of terrorist financing” in countries such as Ethiopia, Somalia, Sudan, Zimbabwe, Tanzania and Kenya. Ethiopia, for example, received $1.8 billion in foreign aid between 1982-85, including a large contribution from Live Aid; $1.6 billion of that, she points out, was spent on buying military equipment.

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