Greeks businessmen in Africa have collected such an amount of money inside Africa that they can get their country back to its feet overnight, have they got the willing to do so. Here is a snapshot ; a lesson from the wealthy past colonialist and trade history between Greece and Africa around coco and coffee export and the monopoly operated by Greek businessmen in Africa over Import-Export trade “out” and “in” Africa with the rest of the World.
After the cocoa export extremely profitable in billion at the golden age of raw material, there comes the other age of oil, arms and gas contracts with Africa. Again Greeks, Syrians and Lebanons joined their strengths to monitor the lucrative package in secret, far from any African governmental control. Indeed, corruption was ongoing to silence everything.
Where has that huge treasury gone ? Once you answer “in some tax havens”, then you start lifting the fog over the troubled eurozone : Greece is not telling the truth to the members of the eurozone about its real wealth and financial capabilities. That is why the warning coming from the IMF managing director, Mrs Lagarde, regarding tax collection, is an issue of first importance.
A deep insight is needed here to sort things out.
Money picked up in Africa has been rapatriated in Greece, in full. What is the translation of this collection of billions – oil cargos of Greeks shipowners are an example. What’s about the remaining multibillion’s pot of heritage ? At the time Franc CFA (african currency) was called the African Franc Suisse, for the money was strong and performing well sustained by the high rating of African raw material on international financial markets. Needly to talk about forest exploitation and the trade of wood.