Anti-corruption

Accountability

News

Bank funded Enron corruption: US Senate

A US Senate Committee found that the World Bank and US government institutions financed "questionable payments" by Enron for a Guatemalan power project.

8 September 2003

Accountability

News

Bank silent on corporate corruption in Lesotho

Controversy over the call for debarment of a Canadian contractor is proving a litmus test of the Bank's commitment to apply the same standards to corrupt Northern companies as it does to Southern governments.

8 September 2003

Accountability

Background

How the World Bank deals with fraud and corruption in its projects

"Let's not mince words: we need to deal with the cancer of corruption . .…

21 July 2003 | Inside the institutions

Accountability

News

Bank, Fund moves on extractives transparency

The World Bank and the IMF pledged their support to the “Extractive Industries Transparency Initiative” in statements made at a high-level conference in London on 17 June.

21 July 2003

Accountability

News

GAO faults Bank on internal controls and performance measurement

In a recent report the General Accounting Office said that it is currently difficult to know whether internal controls at the World Bank are sufficient to ensure that funds disbursed are used for their intended purposes.

21 July 2003

Accountability

News

IFIs withhold support from Equatorial Guinea

The IMF and the WB will withhold assistance from Equatorial Guinea until President Obiang accounts for the use of oil revenues.

1 April 2003

Social services

News

Arrest of IMF employee points to cover-up

IMF’s failure to clarify its role in hiring and assisting a technical adviser indicted on various counts of high-level corruption seriously undermines credibility on “good governance” agenda.

1 April 2003

Accountability

News

IMF Manila rep moved after data leaks

The IMF is replacing the head of its Manila mission, Joshua Felman, after he was linked to leaks of confidential information.

1 April 2003

Accountability

News

UK government reply to Baku-Ceyhan memo

Letter from Rt Hon Baroness Symons, UK Minister of State International Trade and Investment in response to NGO memorandum on the Baku-Ceyhan oil pipeline.

31 January 2003

Rights

News

Indonesian experience casts doubts on Bank anti-corruption efforts

An Indonesian NGO complains that the Bank’s Department of Institutional Integrity has not been sufficiently transparent and achieved limited results.

28 January 2003