Skip to comments.'Poverty barons' who make a fortune from taxpayer-funded aid budget
Posted on 12/27/2012 2:16:11 PM PST by Lorianne
The Department for International Development (DFID) paid almost £500million last year to consultants, mostly British, many of whom earn six, even seven-figure incomes, courtesy of the taxpayer.
DFID also funds dozens of foreign consultancy firms. It is paying £6million to the University of Cape Town to investigate mental health issues in southern Africa and millions of pounds to US-based organisations, including the Clinton Foundation, the International Food Policy Research Institute and Family Health Inter-national.
It is paying a Washington-based group, Search for Common Ground, £3.9million to support the electoral cycle in Sierra Leone. Consultancy firms in India and Uganda are also receiving large sums.
DFID spent more than £20million last year on hotels, including many five-star ones. Next month it will open a 40,000 sq ft Indian branch office in Delhi with 18 meeting rooms and 280 desks even though the then International Development Secretary, Andrew Mitchell, said last year DFID would not be in India for very much longer. The furniture bill for the outpost comes to almost £400,000.
The managing director of the London-based development consultancy Adam Smith International (ASI), which gets most of its income from DFID, paid himself a salary and dividends totalling almost £1.3million in 2010.
William Morrison earned £200,000 from ASI and collected dividends worth £1.06million from its parent company, Amphion Group, wholly owned by him and three of his fellow directors.
Amphion Groups accounts state that its purpose is to act as a holding company for ASI.
Mr Morrisons salary rose by a quarter last year, to £253,000. He and the three fellow directors shared dividends of £7.5million, or almost £1.9million each, which they paid to Amphion Group.
(Excerpt) Read more at telegraph.co.uk ...
I always tend to assume they have volunteers and interns churning out any visible product while an inner circle does who-knows-what under the cover of whatever the org supposedly does.
I tend to assume this is how spookery and bribery are done in the age of public records and public disclosure. Hide everything in plain sight.
what else does one expect? think we are all geting used to the idea that no matter what nice titles they give these organizations, they are all ruling class.
what else does one expect? think we are all getting used to the idea that no matter what nice titles they give these organizations, they are all ruling class.
You mean like purchasing large quantities of Rules for Radicals, and then distributing them for community organizing purposes? An org like the Federal government?
More than half of the welfare budget does not reach the ‘poor’ but stays in government and stuff like this. This is how leftists sty in business
Notice how the Clintons and all the big liberals have their own foundations. That makes them philantropists, which makes them so much better than ordinary greedy people like you and me who cannot afford to have our own foundations so that we too can be the good and beautiful people, rolling in dough while rolling in self congratulations.
Foundations are a tax shelter which allows them to use their money pretty much the way they want while only being required to donate a small amount of the money to their charities. Foundation money can be used for investments to make more money for the donor.