Behind a veil of corporate media PR, the Gates Foundation has served as a vehicle for Western capital while exploiting the Global South as a human laboratory. The coronavirus pandemic is likely to intensify this disturbing agenda.
by Jeremy Loffredo and Michele Greenstein
Part 4 - Conflicts of interest
As the second-richest person on Earth, Bill Gates has no reason to crave money. This is a common response to claims that Gates’ philanthropy isn’t motivated solely by the kindness of his heart. But despite these frequent characterizations of Gates “giving away” his fortune, his net worth has actually doubled in the last two decades.
At the same time, strong evidence suggests that the Gates Foundation functions as a trojan horse for Western corporations, which of course have no goal greater than an increased bottom line.
Consider the revolving door between the Gates Foundation and Big Pharma.
Former director of vaccine development at the foundation and current CEO of the Bill & Melinda Gates Medical Research Institute, Penny Heaton, hails from drug kingpins Merck and Novartis.
The foundation’s president of global health, Trevor Mundel, served in leadership positions at both Novartis and Pfizer. His predecessor, Tachi Yamada, was previously a top executive at GlaxoSmithKline (GSK).
Kate James, worked at GSK for almost 10 years, then became the foundation’s chief communications officer. The examples are almost endless.
Moreover, the Gates Foundation invests in these corporations directly.
Since shortly after its founding, the foundation has owned stakes in several drug companies. A recent investigation by The Nation revealed that the Gates Foundation currently holds corporate stocks and bonds in drug companies like Merck, GSK, Eli Lilly, Pfizer, Novartis, and Sanofi.
The foundation’s website even candidly declares a mission to pursue “mutually beneficial opportunities” with vaccine manufacturers.
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