‘All other regions of the Third World made economic progress in the 1980s; not sub-Saharan Africa. Arms are not the only reason. Every year at least $15 billion in capital leaves Africa. Much of it is booty, siphoned off by vampire elites. For example, last April the Christian Association of Nigeria revealed that more than 3,000 Nigerians operated Swiss bank accounts and that Nigerians were near the top of the list of Third World patrons of Swiss banks.