In one OPIC contract in 2016, Noble Energy was given a $4.5 billion dollar loan to drill for oil in Israel so that foreign companies could benefit from the proceeds. Power plants in Jordan, Israel, and Ukraine are funded by OPIC so that there will be power supplied for oil companies to exploit and fleece foreign nations, often surrounded by hostilities requiring U. S. military presence to “support” the U. S. corporation.
OPIC also provides a huge amount of loans to banks to make smaller loans to other banks, themselves, or customers. OPIC simply gives money to banks and calls it foreign aid, or international development. These types of corrupt practices are only slightly hidden. The sleight of hand is passed off as a noble and humanitarian deed that should be unquestionable because it is based upon the theoretical premise of “helping” other nations.
It is also helpful to realize that U. S. State Department “aid” is usually in the form of weapon contracts with leading U. S. military contractors, the largest companies in the world, who also make weapons for our enemies.