Live Aid concert organizer Bob Geldof and the Ethiopian government have denied allegations that millions of dollars in aid for Ethiopian famine victims in the '80s went to buy arms.

The BBC reported claims by former rebel leaders, who said they posed as merchants in meetings with charity workers in order to get aid during the famine of 1984-85.

One estimated that $95 million from governments and charities had been used for military purposes. If correct, some of that would likely have come from the more than $100 million raised by Live Aid.

Live Aid was staged on July 13, 1985 in London and Philadelphia and featured U2, Paul McCartney, David Bowie, Madonna, Bob Dylan and Led Zeppelin.

Abadi Zemo, of Ethiopia's ruling coalition, dismissed the allegations and the charity Christian Aid said its "investigations do not correspond to the BBC's version of events."

"The essence of the report also is not just about Live Aid," said Geldof. "It's that all monies going into [Ethiopian province] Tigray - that would be Oxfam, Save the Children, UNICEF and Christian Aid - somehow, we were all duped and gulled. And that's simply not the case. It just didn't happen."