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Al-Shabaab steals British foreign aid

September 25, 2013

As if we needed another reason to discontinue aid to such countries, al-Shabaab has given us another demonstration.  It is almost impossible to ensure that aid such as this gets to the right people who actually need it.

There are enough supply chain risks in war-torn countries like Somalia that most private sector companies wouldn’t invest in them or touch them with a ten-foot pole.  But Western governments swoop in without regard to the regulatory risks. The standards of compliance that apply to banks and multinational corporations, who are routinely excoriated for the slightest export control or anti-money laundering program deficiencies, don’t seem to apply to our governmental aid agencies.

From Channel 4 last month:

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