(May 6, 2004) Two London-based companies specialising in illiquid emerging market debt have set up a committee to represent holders of unpaid Iraqi trade debt.
Other News Sources
Spotlight falls on corruption in Sierra Leone
(May 6, 2004) A government survey in Sierra Leone has revealed that the West African country’s public sector is still riddled with corruption, despite warnings from international donors that they would slash much-needed aid if the scourge was not tackled.
Geldof: Why is Africa still dying?
(May 5, 2004) Nearly two decades and a knighthood later, Sir Bob Geldof went to London’s Downing Street this week with much the same message as the one he issued during his Live Aid broadcast in 1985. "Why is Africa the lone continent that is getting poorer?" Geldof asked, after attending the first meeting of UK Prime Minister Tony Blair’s Commission for Africa – a personal initiative launched by Blair to save a continent from destruction.
The Volcker excuse
(May 5, 2004) The UN tries to obstruct Congress’s Oil for Food probe.
‘We have other priorities’
(May 5, 2004) The harder the United Nations tries to keep a lid on Oil for Food, the more the scandal keeps boiling over.
Drastic reduction of foreign debt being negotiated
(May 4, 2004) France and Russia are among the most reluctant to cancel debt. The country’s history of foreign debt, inherited from Sadaam Hussein’s days in government, is due to an mix of accords and alliances.
Another View: UN’s corruption deserves disclosure
(May 4, 2004) Donors to UN humanitarian efforts must be confident their contributions will go to those in need, rather than into the pockets of dictators and their bought-and-paid-for allies.
Facts that should change the world
(May 1, 2004) Kenya is known as the "country of bribes." Yet multinational corporations are often implicated. Courts in Lesotho convicted two western companies of bribing their way into contracts for a dam construction project. An extract from Fifty Facts That Should Change the World (Icon Books)
May 2004 Campaign Letter
Last fall, I wrote to tell you and other supporters that our federal government was trying to protect Acres International, a Canadian multinational that had been convicted of bribery in the african country of Lesotho. Our government also didn’t want to have its own role in this corruption scandal under scrutiny – the person who arranged the African bribery payments was a Canadian official, appointed by the federal cabinet.
The politics of petroleum
(May 1, 2004) Courted by oil firms and the U.S., the elite of impoverished Angola have extracted wealth from the boom, documents say.
Lesotho – Court Documents
Lesotho – Court Documents Appeal Judgment – Crown v. Lahmeyer International GmbH The full judgment pertaining to the Lesotho Court of Appeals decision to uphold the conviction of Lahmeyer International on several […]
Dearth of industry in the reservoir region
Many aging factories in the Three Gorges reservoir area are being shut down because they are so polluting. The closures entail heavy job losses, and a shortage of employment alternatives is fast becoming a widespread problem.
Bulgaria urges probe about alleged corruption in choosing contractor to build nuclear plant
(April 29, 2004) The Ministry of Energy urged Thursday a probe about allegations of corruption a Canadian company has made in Bulgaria’s selection of a contractor to build its second nuclear power plant.
Fighting corruption
(April 29, 2004) Corruption enriches the venal, but hurts everyone else. Can it be curbed?
Even democracies need ‘sunshine’ against corruption
(April 29, 2004) The report authors conclude that corruption cannot thrive in a milieu where the public is in the know about the nature of abuses of power.
Patricia Adams
Dai Qing
Fan Xiao
Lawrence Solomon
Mu Lan
Probe International
Lisa Peryman
Probe Media
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Probe International 