Audit finds MIGA at fault in DRC mine (Bretton Woods Project)

Audit finds MIGA at fault in DRC mine

The independent audit of the Compliance Advisor Ombudsman (CAO) into the Multilateral Investment Guarantee Agency's (MIGA) due diligence for the Dikulushi copper-silver mining project in Katanga (see Update 49, 47) was finally made public in February. The audit found that MIGA did not adequately consider the risks that the project poses to local communities, nor did it fully understand the implications for its client of implementing the Voluntary Principles on Security and Human Rights. Congolese and international organisations welcomed the overdue release of the report, urging that all companies receiving Bank support comply with international human rights standards.

Internal accountability creates “institutional discomfort” News|Bretton Woods Project|23 January 2006|update 49|url
Discussion of the CAO's internal accountability role and the difficulties it faces in light of the IFC/MIGA's disregard and criticisms from affected communities and civil society. read article...
World Bank support for extractives: complicity in human rights violations Resource|Bretton Woods Project|12 September 2005|update 47|url
Refers to the Bank's failure to adequately and explicitly address human rights in its policies, as well as the causality between Bank supported extractive projects and the exacerbation of conflict. Looks at case studies from Democratic Republic of Congo, Guatemala and Chad and Camerooon. read article...

Related resources

CAO audit on Dikulushi mine Report|CAO|3 April 2006|Web page|URL
RAID press release on CAO audit Press release|RAID|7 April 2006|Web page|URL

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Published: 8 April 2006 , last edited: 7 June 2007

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Audit finds MIGA at fault in DRC mine

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