In late May Yorongar Ngarlejy, a Presidential candidate and outspoken opponent of the World Bank-backed oil pipeline in Chad, was arrested. A press release from Survie, a French human rights NGO, and the German group Urgewald, called for finance institutions such as the World Bank to use their leverage and to condemn in the strongest possible terms the continuing violent and illegal actions by the Deby regime and to halt “all activities related to the Chad-Cameroon Oil Project until conditions are established that will allow this project to benefit the Chadian people.”
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
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