Anti-corruption campaigners are applauding the World Bank's decision to debar Acres International, a Canadian company found guilty by Lesotho courts of engaging in corrupt activities in a Bank-funded water project.
Lesotho
Accountability
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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.
Accountability
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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.
Accountability
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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.
Accountability
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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.
