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.
In June the World Bank agreed to step up cooperation with the International Chamber of Commerce to boost the private sector, trade and investment in the Bank’s member countries.
Ann Simpson, head of the World Bank’s new corporate governance initiative, explained her plans to UK NGOs in August.
Foreigners may not know much about these parties, they may not care much, but at the end of the day it doesn’t really matter who wins as long as the IMF and World Bank are still calling the shots.
A recent article in the Legal Times alleges that there is significant corporate lobbying of the World Bank.
At the half-way mark of the Bank’s controversial Coal India Environmental and Social Mitigation project local groups have criticised aspects of resettlement implementation.
Cameroonian and Chadian groups are appealing for support during the last few crucial months before the World Bank decides whether to support the Chad-Cameroon oil pipeline project.
A serious cyanide spill at an IFC- and MIGA-backed mine this May raises questions about the Bank Group environmental procedures for mines.
Bulgarian NGOs are angry about the sale of a major copper smelter to a Belgian company as part of a World Bank environment project.
Critical findings from a World Bank environmental team have set back the planned approval of World Bank support for the Chad-Cameroon oil pipeline.