Bono's anti-poverty foundation ONE is under pressure to explain its finances after it was revealed that only a small percentage of money it raises reaches the needy.
The non-profit organisation set up by the U2 frontman received almost £9.6million in donations in 2008 but handed out only £118,000 to good causes (1.2 per cent).
The figures published by the New York Post also show that £5.1million went towards paying salaries.
Friends in high places: U2 singer Bono meets French President Nicolas Sarkozy in Paris at the weekend ahead of the UN summit in New York
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[Webmaster - Now we know why the foundation is called "ONE". Could that be a masonic handshake transpiring in the photo?]
