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[video] Congo: Oil gotten gains

Author: Al Jazeera People & Power, Published on: 9 September 2009

Congo Brazzaville is one of the poorest countries in the world, despite the fact that it produces nearly 300,000 barrels of oil a day. Many of Congo Brazzaville's four million people are enraged that wealth from the country's precious natural resources has been spent on luxuries when most of the population lives on less than a dollar day...[T]he proof of the misuse of oil funds came from an unpopular source [vulture funds]. [refers to Elliott Associates, Société Nationale des pétroles du Congo (SNPC), Cotrade]

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Related companies: Elliott Management Société Nationale des Pétroles du Congo (SNPC)