'Bono's anti-poverty foundation ONE is under pressure to explain its lavish salaries after it was revealed that only a small percentage of money it raises reaches the needy.
The non-profit organisation set up by the U2 frontman received almost £9.6m in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).
The figures published by the New York Post also show that £5.1m went towards paying salaries.'
If true, this fact would be astonishing and surely of interest to the BBC's many viewers, listeners and readers; but as of now I can find no report of this news on the BBC. Is Bono really that untouchable to the BBC.
This is not the first time that the shine has been taken off of Saint Bono, almost two years ago the news broke that U2 were avoiding tax by moving their publishing arm to Holland in 2006 as a result of the Irish Government capping tax-free earnings for artists at €250,000. U2 were one of the biggest beneficiaries of the royalties scheme. Now there is nothing illegal about U2 avoiding tax but bearing in mind Bono's predilection for campaigning for an end to world poverty, maybe using a scheme that in total meant that the Irish Exchequer was losing millions of euro might be considered crass.
If a right-wing author or politician had been caught legally avoiding taxation the BBC would be all over the story but when it is a favoured son of the left....
1 comment:
So apart from being thick as too short planks and a hypocrite, we discover Bono is also corrupt !
What a repulsive creature.
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