U.S Foreign Aid: “90% of ends up in the pockets of us companies”

More dissenting voices about recent vist of U.S president to Africa. RINF, a UK-based, self-described “independent source for under reported news from around the world” states “90% of [US] ‘aid’ ends up in the pockets of US companies”, excerpt:

The tour came with the announcement of millions of dollars of economic assistance from the Overseas Private Investment Corporation (OPIC) and the Millennium Challenge Corporation (MCC). But the reality is that the economic aid is flowing in the direction of a small number of US companies rather than the countries on Bush’s glossy itinerary. Almost 90% of all OPIC aid goes to ten US-based recipient firms including Caterpillar, Citibank and the Bechtel Corporation. Before the lid was blown on corruption at the firm, Enron was one of the biggest recipients of this corporate welfare handout.

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