[lbo-talk] The significance of Sao Tome

Michael Pollak mpollak at panix.com
Wed Jul 30 02:09:49 PDT 2003


On Wed, 30 Jul 2003, AllAfrica.com was cited on the short lived Sao Tome coup:


> http://allafrica.com/stories/200307290336.html

about how the coup didn't even cause a burp in relations with multinational oil companies. The article goes on to generalize that fact to make a point that bears (negatively) on the oil conspiracy theory of African intervention in Liberia:

<quote>

"Look, a day after soldiers seized power [in Sao Tome], one of the biggest oil majors put down $25,000 to purchase bid papers," said Hassan Tukur, Deputy Director of the JDA [the Joint Development Agency, i.e. of Sao Tome and Nigeria] and one of the mediators in town to help defuse the crisis. "If you look at Angola or Nigeria, political strife didn't prevent anyone from getting involved in oil opportunities."

<unquote>

Michael



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