Anti-corruption

Accountability

News

Bank develops “governance indicators”

On 1 July the Bank held an informal Board seminar to discuss “governance indicators”.

15 September 1999

Accountability

News

Bribes by companies in Bank-funded African project

A dozen major international dam-building companies involved in the World Bank-funded Lesotho Highlands Water Project (LHWP) have lavishly bribed a top official on the project, allegedly giving nearly US$2 million in bribes over ten years.

15 September 1999

Accountability

News

IMF and Bank failed to spot Indonesia corruption

The International NGO Forum on Indonesian Development (INFID) has criticised the Bank and Fund for failing to properly supervise the use of loan funds which were intended to help refinance the shattered banking sector.

15 September 1999

Accountability

News

Western banks in Russian corruption scandal

The FBI and US Congress are investigating allegations that the Bank of New York, the Republic National Bank and other Western financial institutions were involved in laundering IMF loans siphoned out of Russia by the mafia helped by top Kremlin officials.

15 September 1999

Accountability

News

Curbing corruption

IMF policies have exacerbated corruption according to a Christian Aid briefing on new approaches to debt relief.

15 June 1999

Accountability

News

Corporate lobbying at the Bank exposed

A recent article in the Legal Times alleges that there is significant corporate lobbying of the World Bank.

15 March 1999

Accountability

News

New Bank fraud hotline

The World Bank Group has set up a telephone hotline to provide a central point for reporting allegations of fraud and corruption.

15 December 1998

Accountability

News

Brazil Congress reviews IFIs

In August a Commission of the Brazilian Congress held a hearing to examine the multilateral financial institutions.

15 September 1998