Anti-corruption

Accountability

News

Lesotho corruption verdict

Following a seven month trial, Canadian company Acres International was convicted on two counts of bribing an official to secure contracts for the Lesotho Highland Water Project, which received financing from the World Bank.

26 November 2002

Accountability

News

Bank’s pledge to fight corruption put to test

Allegations of corruption made against Bank-backed projects in Lesotho, Uganda and Kenya have raised questions about the Bank’s recent anti-corruption crusade. A report from Mozambique complains that the Bank is rewarding “good performance” by allowing corruption.

24 July 2002

Accountability

News

Indonesian MPs: write-off IMF loans

One hundred members of the Indonesian parliament wrote to the heads of the IMF and World Bank, condemning the institutions for implementing “disastrous orthodox macroeconomic policies”.

24 July 2002

Rights

News

Malawi Economic Justice Network Civil Society Briefing Issue 16

Malawi Economic Justice Network Civil Society Briefing Issue 16

25 June 2002

Accountability

News

World Bank/IMF meetings attract praise and protests

The World Bank and IMF spring meetings in Washington attracted praise from some NGO campaigners and anger from street protesters.

8 May 2002

Accountability

News

No investigation into Peru goldmine corruption

The World Bank has recently announced that it will not be taking action following allegations of corruption levelled at corporate clients in Peru and Lesotho. The Peru goldmine and Lesotho dam cases lead some Bank-watchers to question the Bank’s high-profile commitment to rooting out corruption.

25 March 2002

Accountability

News

Bujagali dam affected by Enron-fallout

U.S. power company AES Corp. has been forced to delay building the $550 million Bujagali dam, Uganda, because of a financing shortfall.

25 March 2002

Accountability

News

Bank downplays Lesotho dam corruption

The World Bank has recently announced that it will not be taking action following allegations of corruption levelled at corporate clients in Peru and Lesotho. The Peru goldmine and Lesotho dam cases lead some Bank-watchers to question the Bank’s high-profile commitment to rooting out corruption.

25 March 2002

Accountability

News

Gateway claim denied

The power and control problems associated with the World Bank’s “knowledge” agenda are confirmed by the recent response to the anti-corruption claim filed on the Bank’s Development Gateway internet scheme.

1 January 2002

Accountability

News

President abused power in IMF deal

In August, Sri Lanka’s President Chandrika Kumaratunga was impeached on charges of violating the constitution.

10 September 2001