President Abdoulaye Wade is claiming “intellectual rights” on a $27 million sculpture which will shortly be unveiled in Dakkar.
Wade has said that:
“The bronze sculpture, depicting a family rising from a volcano…symbolizes Africa’s renaissance…”
According to the BBC, Wade plans to pocket 35% of any tourist revenues because he owns the IP rights. The 50m high statue was designed and built by Koreans.
Corruption is widespread in Africa, but this may be the first time that IP has been involved in what appears to be an outright scam!
Post written by Peter Bloch, consultant to CAS-IP