Elite Capture of Foreign Aid: Evidence from Offshore Bank Accounts – Study

[Aurelian]

It is a study from Copenhagen done by 2 professor of economics from Copenhagen university and BI Norway and one senior economists. The study exposes corruption in governments that receive foreign aid. It shows that when the aid disbursement season begins, there is an increase in deposits in offshore banks.

 

[Aurelian]

https://www.econ.ku.dk/cebi/publikationer/working-papers/CEBI_WP_07-20.pdf

 

[Hnomo]

EU/West does this for an reason. Their elites already know this information. FGS gets hundreds of millions in taxes. Can easily pay for soldiers. Yet relies on US. Since they wanna loot

 

[bobby_hill-Punt]

It is a study from Copenhagen done by 2 professor of economics from Copenhagen university and BI Norway and one senior economists. The study exposes corruption in governments that receive foreign aid. It shows that when the aid disbursement season begins, there is an increase in deposits in offshore banks.

Some of these countries that are giving the aid even demand that they give kick backs to the aid distributor or they will never receive aid in the future. I've even thing these kick backs are half of the aid. This how foreign ngo can create havoc in a country and tople governments.