(March 16, 2004) Acres International Ltd., already convicted in an African bribery case, could be barred from World Bank-financed projects for corruption, the bank confirmed yesterday. It would be the first major international engineering firm to suffer that shame.
Other News Sources
Iraq hopes to reach debt reduction deal this year
(March 16, 2004) Iraq’s finance minister said Baghdad hoped to finalise a deal to ease its massive debts this year, despite splits among creditors over how much debt relief to grant a country so rich in oil. "The world saw what happened in Iraq: 35 years of damage," said Kamel al-Gailani, who held talks with an IMF team in Beirut this week. "Iraq is a rich country, but to return to the international community as soon as possible we need a substantial reduction." He declined to say how much.
Ernst & Young to trace Iraqi debt
(March 16, 2004) Young to help trace Iraq’s loan contracts and reconcile who is owed what from the country’s estimated $120 billion debt pile, a senior treasury official told Reuters Tuesday.
Cambodians alarmed by Vietnam’s dam building
(March 16, 2004) Plans to build a large hydropower plant in northeast Cambodia have alarmed communities already hard hit by Vietnam’s dam building on the Se San River.
Iraq’s odious debts: The odious debt doctrine and Iraq after Saddam
(March 16, 2004) “The majority of the debts that Iraq has inherited from the regime of Saddam Hussein, I believe, are odious in law, and thus not legally enforceable.”
Interview: Iraq hopes to reach debt reduction deal this year
(March 16, 2004) Iraq’s finance minister said on Tuesday Baghdad hoped to finalise a deal to ease its massive debts this year, despite splits among creditors over how much debt relief to grant a country so rich in oil.
Three strikes against graft: assessing the impact of high-profile corruption
(March 15, 2004) Discussion paper on the Lesotho highlands bribery prosecutions.
At Goliath’s feet: the Lesotho corruption and bribery trials
(March 15, 2004) Barrister Fiona Darroch provides an overview of the landmark Lesotho Highlands Water Project corruption trials and addresses some of the wider implications for the international community.
Three strikes against graft
(March 15, 2004) A paper delivered to the Institute for Security Studies (ISS) seminar on the impact of
high-profile corruption cases in Lesotho, Mozambique and South Africa, held in Gauteng, South Africa, March 15-17, 2004.
U.N. report suggests Canada pay reparations
(March 12, 2004) A draft United Nations report says Canada should consider paying reparations for the immigrant tax once levied on Chinese and to blacks ousted from a town in 1970.
Battling ‘an overindulgence in bribery’
(March 12, 2004) A report by Interfax claims 56 percent of Russians think that bribery and corruption are among the biggest problems in the country. A large majority, 82 percent, think that Russia will not be able to eradicate corruption in the foreseeable future.
New anticorruption campaign launched: Ukraine
(March 12, 2004) Speaking at a national anticorruption conference, President Leonid Kuchma called for an effective policy to end “the virus of corruption” and pledged to implement a “tough and truly effective policy against corruption.”
The World Bank and Electricity of Vietnam Corporation’s Se San hydro development (PDF file)
(March 12, 2004) The Electricity of Vietnam Corporation (EVN) has failed to alleviate damages caused by Yali Falls dam. If anything, the situation has gone from bad to worse
Grim times ahead for Mekong: report
(March 11, 2004) Millions of residents in the Lower Mekong riparian countries will face serious food security and water conflicts soon due to environmental degradation as well as increasing population pressures in the region, scientists warn.
African legislators wage war against corruption
(March 11, 2004) This week, parliamentarians across Africa gathered in Abuja, Nigeria for a two-day conference on corruption. Under the auspices of African Parliamentarians Against Corruption (APNAC), participants were expected to debate questions such as the role of parliaments in preventing crimes of laundering and the trafficking of minerals, money and humans, and the establishment of preventive mechanisms and the role of national parliaments in helping to recover looted wealth stashed in other countries, particularly in the West.


