{"id":2455,"date":"2012-03-06T13:18:47","date_gmt":"2012-03-06T02:18:47","guid":{"rendered":"http:\/\/sjaroundthebay.org\/?p=2455"},"modified":"2012-03-06T13:55:55","modified_gmt":"2012-03-06T02:55:55","slug":"elites-loot-africa-while-foreign-debt-mounts","status":"publish","type":"post","link":"https:\/\/sjaroundthebay.org\/?p=2455","title":{"rendered":"Elites Loot Africa While Foreign Debt Mounts"},"content":{"rendered":"\n\t\t\t\t<div class=\"mr_social_sharing_wrapper\">\n\t\t\t\t<!-- Social Sharing Toolkit v2.2 --><\/div><p>Global Financial Integrity hosts an interesting article from the website, <a href=\"http:\/\/www.financialtaskforce.org\/2012\/03\/01\/elites-loot-africa-while-foreign-debt-mounts\/\">Financial Integrity Task force<\/a>. It come from <a href=\"http:\/\/yaleglobal.yale.edu\/content\/elites-loot-africa-while-foreign-debt-mounts\">Yale Global<\/a>. Its authors are James Boyce and L\u00e9once Ndikumana. They say:<\/p>\n<table border=\"0\">\n<tbody>\n<tr>\n<td align=\"left\" valign=\"top\">\n<p>It was an African equivalent of stealing the Brooklyn Bridge, and for four years, nobody noticed.  From 2007 to 2010, $32 billion in public funds went missing from Angola. The unexplained money outflow from sub-Saharan Africa\u2019s second largest oil exporter was revealed in a December International Monetary Fund report, which pegged the loss as equivalent to one-quarter of the country\u2019s GDP. This financial hemorrhage comes at a staggering human toll. Despite its great oil wealth, Angola is home to some of the world\u2019s poorest people.<\/p>\n<\/td>\n<p>&nbsp;<\/p>\n<td style=\"width: 424px;\" align=\"left\" valign=\"top\">\n<p>Their point is well made by each of the following videos.<\/p>\n<p>Open the books on corruption, by Publish What You Pay US<\/p>\n<p>\n<object classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" width=\"424\" height=\"350\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\"><param name=\"src\" value=\"http:\/\/www.youtube.com\/v\/3BsQRCAdKBg\" \/><embed type=\"application\/x-shockwave-flash\" width=\"424\" height=\"350\" src=\"http:\/\/www.youtube.com\/v\/3BsQRCAdKBg\"><\/embed><\/object><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"\n\t\t\t\t<div class=\"mr_social_sharing_wrapper\">\n\t\t\t\t<!-- Social Sharing Toolkit v2.2 --><\/div>\n<p>Global Financial Integrity hosts an interesting article from the website, Financial Integrity Task force. It come from Yale Global. Its authors are James Boyce and L\u00e9once Ndikumana. They say:<\/p>\n<p>It was an African equivalent of stealing the Brooklyn Bridge, and for four years, nobody noticed. From 2007 to 2010, $32 billion in public funds [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[66,195,111,194],"class_list":["post-2455","post","type-post","status-publish","format-standard","hentry","category-from-our-friends","tag-poverty","tag-pwyp","tag-tax","tag-transparency","odd"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=\/wp\/v2\/posts\/2455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2455"}],"version-history":[{"count":20,"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=\/wp\/v2\/posts\/2455\/revisions"}],"predecessor-version":[{"id":2467,"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=\/wp\/v2\/posts\/2455\/revisions\/2467"}],"wp:attachment":[{"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sjaroundthebay.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}