Bob Geldof has angrily denied claims by the BBC that 95 percent of the money raised by Live Aid was seized and used by Ethiopia's Tigrayan People's Liberation Front (TPLF).
The Irishman said the BBC inspired him to establish Live Aid and said "it would be a f*****g tragedy" if people stopped donating money to charity because of allegations made by the BBC.
Geldof and his then wife Paula Yates were moved to tears after watching Michael Buerk's report on the Ethiopian famine, which aired on the BBC.
Geldof formed Band Aid after reading a note that Yates left on the fridge, which asked all visitors to the house to donate $10 to aid the victims of the famine.
In 1985, Geldof produced the Live Aid concert, which raised an estimated $246 million in aid for Ethiopia.
The BBC claims that two former senior commanders of the TPLF revealed that the majority of the money raised by Live Aid was robbed and used to buy weapons for the TPLF.
The current prime minister of Ethiopia, Mengistu Haile Mariam, is a former TPLF rebel leader.
Ethiopia is still receiving a substantial level of aid from western governments.
Geldof was having none of the BBC’s findings.
"If that percentage of money had been diverted, far more than a million people would have died. It’s possible that in one of the worst, longest-running conflicts on the continent some money was mislaid. But to suggest it was on this scale is just b******s," said the former lead singer of the Boomtown Rats..