(August 15, 2001) Just six days are left until Swiss banks officials cough out their knowledge about former Lesotho Highlands Development Authority (LHDA) Chief Executive Masupha Sole’s secret financial accounts.
Accessories to the crimes — Hypocrisy surrounds bribery issue
(July 18, 2001) Most OECD nations already have laws that prohibit the commission of a crime, such as bribery, abroad. Canada does. But there’s never been a single court case brought against a Canadian company. Here’s the rub: We profit from corruption.
World Bank to black-list corrupt companies
(June 28, 2001) A World Bank spokesman in South Africa said the bank would black- list companies that were found guilty of corruption in the LHWP corruption trial.
Lesotho tries to end corruption culture
(June 19, 2001) Multinational companies are about to go on trial in Lesotho accused of paying huge bribes to a local official, a case virtually unprecedented in Africa.
R10,4m bribery trail led to Sole court told
(June 17, 2001) Ephraim Sole, the former chief executive of the Lesotho Highlands Development Authority (LHDA), rose in Maseru’s high court and pleaded "not guilty" to 16 criminal charges of bribery and two counts of fraud before Judge Brandon Cullinan.
M.P. Keith Martin demands CIDA act responsibly
(May 29, 2001) Dr. Keith Martin, Member of Parliament and Official Opposition Critic for Latin America and Africa today asked the Minister Responsible for CIDA to release the environmental impact assessment report on the Chalillo dam project in Belize.
Abuja to seek further debt reduction from Paris Club
(May 17, 2001) Nigeria is to seek more substantive debt relief from the Paris Club of private sector creditors, according to Philip Asiodu, Chief Economic Adviser to President Olusegun Obasanjo.
International Conference on Sustainable Debt Strategy: Summary of Proceedings
(May 17, 2001) As part of a broad framework for debt reduction and sustainability, the report calls on the international community to cancel Nigeria’s odious debts and reform the global financial structures that allow such debts to proliferate.
The illegal foreign debt: the value and likelihood of a legal ruling
(April 21, 2001) A recent Argentinian court decision on foreign debt sends a clear message to the citizens of highly indebted countries that international creditors were responsible for ensuring foreign loans were not used for the interests and needs of the state.
The concept of odious debt and its relevance to Indonesia
(February 23, 2001) For creditors to expect any protection for their loans to foreign states, their loans must be utilized for the needs and interests of the state; otherwise the loans belonged to the power which contracted them, and were therefore, debts of the regime.
No sweet fruit for the majority!
(February 21, 2001) Yet another budget that prioritises the Apartheid debt ahead of the poor!
Africa’s Development Crisis – Another Berlin Conference is Possible
(January 1, 2001) A huge chunk of the external debt of African countries is composed of debt contracted in questionable circumstance. Two-thirds of Nigeria’s over $28 billion external debt was contracted between 1983 and 1998 when the military held sway.
Coughing up for apartheid
(December 8, 2000) Foreign companies should face up to the truth about their roles in apartheid, a recent NGO conference in Germany concluded.
Dams on trial: The World Bank and the “cancer of corruption” — The Lesotho case
(September 1, 2000) Antonio Tricarico Campagna per la riforma della Banca mondiale.
Debt relief leaving the poor worse off, says Oxfam
(August 21, 2000) International efforts to cut the debts of the world’s poorest countries are leaving some paying tens of millions of dollars more to their western creditors, Oxfam said today.
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