In July 2014, Jubilee USA reported that two hedge funds successfully sued the Democratic Republic of Congo (DRC) for $68 million, of which $50 million (73.53%) of the amount was interest on the loans dating back to the early 1980s.” Money lenders are crafting loopholes to prey on poor borrowers, depriving hundreds of millions around the world, especially children, of resources that could provide them the basic necessities of life. Find out how you can tackle exploitative “Foreign Aid” that contributes to impoverishing local communities in developing countries.
- Eric LeCompte, Executive Director, Jubilee USA
- Andrew Hanauer, Campaigns Director, Jubilee USA
Moderator: Aniedi Okure, OP – Executive Director, Africa Faith & Justice Network