Greenpeace “loses $5m” of donations
Greenpeace, the environmental charity that lost its way over a decade ago, has announced it has also lost money – over $5 MILLION dollars of donations have been frittered away in currency speculation.
Greenpeace headquarters, a marble-lined former bank in Amsterdam is a place where self-important Greenpeace executives plan their next vital air journey to visit a politician or industrialist. Greenpeace executives work is too urgent, you see, to follow the rules they prescribe for others. Greenpeace International Executive Director Kumi Naidoo loves to be photographed at meetings around the world.
Now, one of their management cadre has embarrassed the organisation by running up the huge losses on money markets. The cost helped push Greenpeace into a loss for the year of €6.8m on a global budget of €300m Euros.
It raises the question,why they have $5 million sitting around? Surely the environmental emergency they are always fighting requires spending the money we gave them, not sitting on it?…