English version In 2009, Olam market value collapsed, and its market share was valued at zero, worthless. A company by the name of Muddy Waters declared that Olam was heading toward bankruptcy. To keep Olam solvent, Singapore’ sovereign fund Tomasek, had to rescue them; but Olam knew they needed to bring in new sources of revenue. To do that, targeted Africa. Olam came to Gabon, linked itself with the Ali Bongo’s regime and made Ali Bongo’ son the second in charge at Olam Gabon. For every project that Olam started in Gabon, the country took huge loan that were funneled to Olam. For one such project, the building of a fertilizer plan in Port-Gentil by Olam, Gabon took out a 750 billion CFA francs loan that went 100% to Olam. The problem? The factory was never built. Who is left to repay the loan? The Gabonese people. Once Olam had established itself in Gabon and that all the money had been received from the Gabonese government, Gagan Gupta wanted to prevent Olam from ...
You're a joke and your video is a typical internet thinking garbage. Get your history right and find yourself another culprit. Could it be that African people have their share of responsibility in their demise?
ReplyDeleteBS and much megalomania. Speaking for a unified community of A BILLLION + souls when most African countries cannot provide schooling, health and future for their own children interrogate on your capacities to grasp concepts beyond your comprehension.