Home » » The Looting Machine: Warlords, Tycoons, Smugglers and the Systematic Theft of Africa’s Wealth review – ‘the raping of a continent’

The Looting Machine: Warlords, Tycoons, Smugglers and the Systematic Theft of Africa’s Wealth review – ‘the raping of a continent’

Written By Unknown on Monday, March 2, 2015 | 4:19 AM

Tom Burgis’s account of the plundering of Africa’s natural resources by huge companies and corrupt regimes is enlightening

Augustin Katumba Mwanke was a young banker in South Africa when persuaded to return home to help rebuild the Democratic Republic of Congo by the new government of Laurent Kabila. A year later he got a call from the president, a fellow Katangan, and was stunned to be appointed governor of an area the size of France, with control over some of the world’s most valuable mineral seams.


This marked the start of his rapid rise to power beside the president, placed at the core of a network of Congolese officials, foreign businessmen and organised criminals plundering the nation’s immense wealth. First, they transferred $5bn of state assets into the pockets of private firms with no benefit to the state, then after this was exposed, Katumba created a shadow state to steal funds, buy elections and bribe supporters. One witness says Kabila was being handed at least $4m a week in cash-filled suitcases from mining companies.


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