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Eliminate All Illegitimate and Odious Debts - Be they for weapons,
palaces, or useless power plants.
- Why are the people in the Philippines expected to repay debt incurred
by the greed of the former president Marcos,who is estimated to have
fled into exile with some US$5 to US$13 billion in 1986.
- Why should the people in the Democratic Republic of the Congo (formerly
Zaire) be expected to repay over US$13 billion stolen by the dictator
Mobutu.
- Why are the people of Bolivia having to pay the US$3 billion contracted
to the military junta by the World Bank and International Monetary Fund
SOME CASES OF ODIOUS DEBTS - SHOULD THE WORLD'S POOR
HAVE TO REPAY THESE DEBTS?
| Country |
Dictatorship |
Odious Debts US$ Billions |
| Indonesia |
Suharto |
126 |
| Brazil |
Military junta |
100 |
| Argentina |
Military junta |
65 |
| Philippines |
Marcos |
40 |
| Syria |
Assad |
22 |
| South Africa |
Apartheid |
22 |
| Pakistan |
Military |
19 |
| Sudan |
Nimeiry/al-Mahdi |
17 |
| Thailand |
Military |
14 |
| Nigeria |
Buhari/Abacha |
14 |
| Chile |
Pinochet |
13 |
| Zaire/DRC |
Mobutu |
13 |
| Algeria |
Military |
5 |
| Iran |
Shah |
5 |
| Kenya |
Moi |
4 |
| Ethiopia |
Mengistu |
4 |
| Bolivia |
Military junta |
3 |
| Somalia |
Siad Barre |
2 |
| Paraguay |
Stroessner |
2 |
| Malawi |
Banda |
2 |
| El Salvador |
Military junta |
1 |
| Liberia |
Doe |
1 |
| Haiti |
Duvalier |
1 |
Source: Hanlon (2002:49) |
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