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Category Archives: Odious Debts by Country
(November 5, 2013) A Zimbabwe-based newspaper says greater accountability and transparency will help the country’s struggling economy, not foreign aid.
(October 18, 2013) A European Union auditor says billions of dollars in foreign aid to the Palestinian government has been squandered or lost to corruption. Continue reading
(September 24, 2013) SNC-Lavalin may have to pull out from a consortium bidding on a contract to construct a massive dam project in the Democratic Republic of Congo. Continue reading
(September 16, 2013) SNC-Lavalin’s decade-long scandal in India goes to trial. Continue reading
(July 17, 2013) Tomás Garcia, a leader of the indigenous Lenca community in Honduras, was fatally shot on Monday, and his son Alan seriously injured, when members of the Honduran Army began firing indiscriminately at a demonstration protesting the construction of the 22-megawatt Agua Zarca Dam already underway on the Gualcaeque River in the country’s southwest. International Rivers reports. Continue reading
(March 15, 2013) A vice-president from SNC-Lavalin, Canada’s largest engineering company, admitted yesterday before Quebec’s Charbonneau inquiry into corruption in public-works contracts, that it organized its employees to make more than $1 million in illegal political donations. While there was no direct link between the donations and a quarter-billion dollars in contracts the firm was awarded by the provincial government, Yves Cadotte insisted, the company did not want to take any chances. Continue reading
(November 21, 2011) An article in the Daily Maverick argues that the proposed Grand Inga Dam in the DR Congo is a “beautiful vision” that would “fix Africa” by “lighting up the heart of darkness”, powering African industries and forcing countries to rely on each other. Continue reading
(October 4, 2011) Africa’s Odious Debts: How Foreign Loans and Capital Flight Bled a Continent, by James Boyce and Leonce Ndikumana. Continue reading