Bank downplays Lesotho dam corruption

A World Bank investigation has concluded that there is insufficient evidence to disbar from future Bank contracts three international dambuilding companies which have been charged with corruption by the Lesotho High Court. This despite finding that the (unnamed) companies had channelled funds through a middleman who has been found guilty of bribing Lesotho officials. Environmental Defense Fund argues that the Bank's decision was timed to influence the outcome of the judgement from the High Court, throwing into question the Bank's commitment to fighting corruption.

International River Network on Lesotho dams

This text may be freely used providing the source is credited.

This page is: <http://brettonwoodsproject.org/art.shtml?x=16234>

Published: 25 March 2002 , last edited: 27 May 2010

Viewings since posted: 7352

Articles: 3466

Advanced article search
Search newswire and resources

Επίκεντρο η Ελλάδα (Articles in Greek)
http://www.brettonwoodsproject.org/el/
Με αφορμή την χωρίς προηγούμενο δραστηριότητα του ΔΝΤ στην Ελλάδα, το Bretton Woods Project παρέχει ορισμένα απο τα άρθρα του στα Ελληνικά.