Tuesday, July 05, 2005

The WaBenzi's Partners in Crime

And a crime it is. Via Tim Blair is this Times story by Jonathan Clayton on how the "Lords of Poverty" gorge themselves on the aid sent to Africa.

"A report by ActionAid — which infuriated the British Government — said that consultants and western companies benefited to the tune of 60p for every £1 intended to go towards eradicating poverty.

Last May, the World Bank itself admitted for the first time that consultants were taking $20 billion (£12 billion) from global aid budgets — 40 per cent of the total amount given by the industrialised world for overseas development."

I think I am in the wrong business. Read all of Tims post in the link above.

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