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The Corrupt Officials Stealing Angola's Oil (2003)

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Published on Mar 19, 2019

The Great Angolan Oil Rush (2003) - Billions of dollars of oil revenue are being siphoned off by corrupt officials, while ordinary Angolans continue to starve.

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Angola is quickly becoming one of the world's most promising new oil sources. However, lawyer Rafael Marques claims: "for the majority of Angolans, oil essentially is a curse." Thousands are forced out of their homes to make way for foreign investors. A leaked IMF report reveals that billions of dollars of revenue never even reach Angola. Instead, payments are channelled through offshore accounts and remain unaccounted for.

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ABC Australia – Ref. 1610

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