Cross River State Government + Former Israeli Weapons Supplier Strike A Deal | Sahara Reporters This is a potentially favorable arrangement to use the state powers as a means to secure private business opportunities that will...senatorbenayade READ MORE:
“LR Group was founded by three Israeli former fighter pilots , who monetized on business opportunities that arose out of Angola's 27-year-long civil war, which ended in 2002.
In the 2000s, after the war ended, the ex-pilots sought to break into civilian fields. They entered into infrastructure, technology and agriculture projects; first in Angola and then in other countries. They led ambitious projects to set up dozens of agricultural communities in Angola and Congo, modeling them after the Israeli moshav. Later they set up farms, barns, water purification plans and other agricultural projects in countries such as Ghana, Nigeria, and most recently, Chad.
Looks like this company can do ANYTHING! But only outside Israel. In its home country, LR Group isn’t even listed in any on-line Israeli phone books. Its stated physical address in Israel is 11 Shenkar Arie Herzliya, yet on Shenkar Arie street, there are no physical addresses for numbers 10-15. Maybe their office is at 16 Shenkar, but if so, they only have an office in a much larger office building containing lots of businesses.
One of LR Group’s secrets now out in the open is the company’s involvement in land grabs. through the sneaky land grab technique called “land leases”. Land leases allow the lessee, not the lessor, to make the big money, since there is almost never a profit-sharing clause for the landowner in a land lease.
LR Group likes operating in the world’s most corrupt countries. They operate in Nigeria, with a TI corruption index rating of 25 , but majority activities are in Angola, which has a corruption rating of 23. The Congo where LR Group also rates is rated a lowly 22. All these countries are oil/gas/resource rich so there’s lots of money around just waiting to be stolen.
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