A Supreme Court decision involving the World Bank and Canadian engineering giant SNC-Lavalin could threaten fair trials for falsely accused Canadians in the future and help corrupt Canadians to escape punishment. Patricia Adams of Probe International for the Financial Post.
Patricia Adams is an economist and the Executive Director of Probe International, an independent think-tank and watchdog over the environmental consequences of Canadian government and corporate activities around the world. Her books include In the Name of Progress: The Underside of Foreign Aid, (Doubleday 1985), and Odious Debts: Loose Lending, Corruption and the Third World”s Environmental Legacy (Earthscan 1991), which exposes the jeopardy of years of loose lending for both the Third World’s environment and their economies, and proposes a legal remedy to place responsibility for the Third World’s debt crisis on the parties involved, instead of on First and Third World taxpayers. Pat also edited the English language translation of Yangtze! Yangtze!, the extraordinary critique by Chinese experts of the Three Gorges dam that inspired the democracy movement when it was first published in 1989, led to the postponement of the dam, and was subsequently banned by Chinese authorities. Her books have been translated into Spanish, Chinese, Japanese and Bahasa Indonesia.
Deferred prosecution agreements that let companies pay fines for wrongdoing could backfire by encouraging repeat criminality. Probe International’s Patricia Adams for the National Post.
DPAs were virtually unheard of in business settings prior to 2004, but their growing popularity in the U.S. is now being felt in Canada with SNC-Lavalin lobbying the Liberal government to have its fate determined by a DPA, rather than the criminal trial the Harper government pursued.
China’s Communist party won’t curb the country’s CO2 emissions – doing so could lead to their overthrow.
China must free Guo Yushan and He Zhengjun and restore confidence in their country.
On July 9, more than 100 lawyers in China issued an open letter on the Internet calling for an end to the shuttering of public interest groups and the detention and prosecution of individuals working for the public good.
Read in full Patricia Adams’ closing address to the International Symposium on China’s Environmental Crisis: Is There a Way Out? A resounding “Yes!” says Ms. Adams. “Give power to the people”.
A recent study by Harvard and Yale economists asks a question few in the aid community ask, after finding that food aid prolongs civil conflict and supports rebel groups by feeding them or providing them with goods that can be traded for arms or other services.
Ukraine’s national news agency, Ukrinform, asked Probe International’s Patricia Adams to weigh in on Ukraine’s multibillion-dollar debt to Russia and whether Ukraine could challenge the enforceability of the US$3 billion Eurobond using an odious debts argument.
Argentineans would not need to suffer if assets hidden from creditors could be recovered.
(May 27, 2014) Aid agencies are coming to realize that foreign aid itself may undermine democracy.
(April 21, 2014) China’s roving corruption crackdown has uncovered nepotism, shady property deals and dodgy bidding procedures at the country’s state-owned Three Gorges Dam operator, Three Gorges Corporation. The news has reignited public anger over a project funded by a special levy paid for by Chinese citizens and has sparked speculation that President Xi Jinping is using Three Gorges as a way to target two of China’s biggest “tigers”.
(March 26, 2014) China’s central government replaces leadership at state-owned Three Gorges Corp. following graft probe. Signals suggest “it is probable there will be further investigations into corruption inside the corporation,” says Probe International’s Patricia Adams.
(March 4, 2014) With China’s economy operating under perverse incentives, China’s leaders, now assembled in Beijing, will be powerless to clean up its environment.
(February 4, 2014) A “privileged and confidential” review by the Canadian Commercial Corporation (CCC), released to Probe International under the Access to Information Act, says graft-tainted engineering giant SNC-Lavalin has cleaned up its act. Reviews that lack rigour and independence, however, do not help the cause of rebuilding corporate reputations.