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To: LibWhacker
African dictator's son orders luxury superyacht ($380 million yacht)

I would suspect all of it is stolen foreign aid money.

3 posted on 02/28/2011 10:51:29 AM PST by Mark17 (California, where English is a foreign language)
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To: Mark17

How much do we remit to Equatorial Guinea ?


8 posted on 02/28/2011 10:56:29 AM PST by Eric in the Ozarks (Go Hawks !)
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To: Mark17
I would suspect all of it is stolen foreign aid money.

Not really.

EG has a tiny (650,000) population living in an area the size of Vermont, and does not receive much in foreign aid.

The country has massive offshore oil resources, which the ruling family and their cronies use as a personal slush fund.

I would guess that the vast bulk of that money comes from concession payments from foreign oil companies.

13 posted on 02/28/2011 11:05:08 AM PST by wideawake
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To: Mark17
African dictator's son orders luxury superyacht ($380 million yacht)

I would suspect all of it is stolen foreign aid money.

NO - some also came from rock concerts held by U2 and the like.

35 posted on 02/28/2011 11:51:38 AM PST by PGR88 (Quid Hoc Ad Aeternitatem?)
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To: Mark17

Yep. The FOGGY BOTTOM FOLLIES continue.


36 posted on 02/28/2011 11:56:47 AM PST by Dick Bachert
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