FORBES 30/06/14 Like Africa’s worst, Kabila seems to have - TopicsExpress



          

FORBES 30/06/14 Like Africa’s worst, Kabila seems to have stolen aid money—meant for some of the poorest people on Earth—on a gargantuan scale. He seems to have amassed some $15 billion over the past decade in offshore banks in the British Virgin Islands and elsewhere, according to accounts in French and German-language media outlets. By contrast, Mobutu Sese Seko, a dictator who ruled Congo for 32 years, piled up $5 billion. (A European court recently let Mobutu’s heirs keep their nest egg, finding that the statute of limitations of colossal theft had run out.) Kabila controls lucrative offshore drilling and fishing concessions and access to some of richest onshore mineral claims in the world. Like his predecessor, Kabila has turned kleptocracy into a family affair, according to Western expatriates and African experts. His brother, Soulemane Kabila, is believed to have diverted some $300 million from the DRC’s treasury. Meanwhile, exporters, who are legally entitled to a rebate on the value-added tax, say that they have been denied millions in refunds—discouraging foreign investors. Meanwhile, Kabila’s brother and sister, both of whom are members of that nation’s parliament, apparently own a firm that has been awarded a monopoly contract to print all government documents. Congo’s recent switch to a high-tech biometric passport makes this government printing monopoly even more lucrative. After all, requiring every Congolese with enough money to travel to replace their passport certainly adds to the bottom line for the only outfit that can print those new passports. Now Kabila seems to want to defy the Congo constitution’s term limits and stay in power beyond 2016. President for life. Just like the bloodstained men that have ruled Congo since its independence from Belgium in 1960. America’s response has been unambiguous. The president’s envoy, former U.S. Senator Russ Feingold, said: “Africa doesn’t need strong men, it needs strong institutions.” He is right. Feingold is equally direct in calling for military strikes against rebel groups that fail to immediately disarm. “If this drags on through the summer, there’s no excuse not to take strong action,” he told the New York Times. “People involved in genocide, who are included in this group, are not entitled to dialogue.” While Feingold is talking about military strikes carried out by a multi-national military force organized under the United Nations, which has been in the DRC for years, it is clear that there is steel in his words. Clearly, Kabila should leave office when his term expires. The greatest gift he can bestow on his country is the start of a tradition of peaceful and constitutional transfers of power. A new history can begin with him. If not, the U.S. and European Union should target his assets. Kabila’s ill-gotten gains should not be shielded in his offshore accounts, but seized for the people of his ravaged and weary nation—if he fails to leave office when his term expires. Bribing would-be dictators, with their own money, to leave office would be a refreshing change.
Posted on: Tue, 01 Jul 2014 14:31:39 +0000

Trending Topics



Recently Viewed Topics




© 2015