What institutions can you trust these days with your donations? The Associated Press reported today that the $21.7 billion Global Fund to Fight AIDS, Tuberculosis and Malaria is a fraud where at least two-thirds of the funds were "pocketed," and donated medicines were sold on the black market for profit.
The prestigious development fund is backed by celebrities like Bono, politicians like French president Sarkozy, and a cool $150 million from Bill and Melinda Gates. The AP wrote, "The fund has been a darling of the power set that will hold the World Economic Forum in the Swiss mountain village of Davos this week." More...
Don't miss:
- Bono and hypocrisy on an epic scale...
- Bono's ONE foundation giving just a little over 1% of funds to charity!!!
- Who put Bill Gates in charge of the world?
- The Bill Gates Foundation, dengue fever and "flying vaccines..."
- Money sent to help the poor in India ends up in the pockets of corrupt officials...
- Suffocating the poor: the Haiti story...
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