Bob Geldof has challenged the BBC to substantiate its report that millions raised for famine relief in Ethiopia were diverted to pay for weapons.
The anti-poverty campaigner said there was "not a shred of evidence" Band Aid or Live Aid money was siphoned off.
The report included claims that substantial sums of aid that went into rebel-held areas of Tigray province in 1985 were used to buy arms.
The BBC World Service has said it is standing by its report.
Mr Geldof told BBC One's Andrew Marr show he would personally sue the Ethiopian government and spend the money on aid if any evidence was produced.
'Credible voices'
He said: "Produce me one shred of evidence and I promise you I will professionally investigate it, I will professionally report it, and if there is any money missing I will sue the Ethiopian government for that money back and I will spend it on aid.
"There is not a single shred of evidence that Band Aid or Live Aid money was diverted in any sense, it could not have been."
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