{"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
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Global Financial Integrity hosts an interesting article from the website, Financial Integrity Task force<\/a>. It come from Yale Global<\/a>. Its authors are James Boyce and L\u00e9once Ndikumana. They say:<\/p>\n\n\n\n
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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

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Their point is well made by each of the following videos.<\/p>\n

Open the books on corruption, by Publish What You Pay US<\/p>\n

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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

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 […]<\/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":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t