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.
Bank downplays Lesotho dam corruption
25 March 2002