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It's Time to Change U.S. Policy Toward Zaire
| Article
# : |
12627 |
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Section : |
CURRENT ISSUES
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| Issue
Date : |
6 / 1987 |
2,541 Words |
| Author
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Michael Posner
Michael Posner is the executive director of the Lawyers
Committee for Human Rights, based in New York City. |
This year, Mobutu Sese Seko will celebrate his 22nd anniversary as president of Zaire. He has survived a history of eccentric personal and political behavior to become one of the longest-lasting rulers in modern African history. He has also emerged as a key U.S. ally in Africa. This alliance has been forged despite frequent and reliable reports of extraordinary economic mismanagement and widespread human rights violations, conditions that seriously jeopardize U.S. interests in Zaire and the region.
Blessed with natural resources that would enable Zaire to become one of the most prosperous nations in the region, the country has instead been plunged into economic ruin by the profligate habits of Mobutu. Zaire's mines hold more than half of the world's cobalt and a quarter of its industrial diamonds. The country is also rich in gold, silver, oil, copper, and uranium. These resources are mined and exported by a number of multinational companies, including several based in Belgium and the United States.
For some time after Mobutu seized power in the mid-1960s, high world copper prices fueled a robust national economy. But the profits were squandered on elaborate palaces, four-lane highways, stadiums, and monuments to Mobutu. In 1974, he spent $15 million hosting the world boxing championship between Mohammed Ali and George Foreman.
In a continent rife with corruption, Mobutu's self-dealing has become almost legendary. He has, by almost all accounts, become one of the richest men in the world, with a personal fortune estimated to be as high as $5 billion - exceeding Zaire's external debt. His personal holdings include chateaux in Belgium and
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