(June 13, 2002) All over the world, countries that should be rich remain poor. Though blessed with valuable minerals such as oil, diamonds and gold, the ordinary people are mired in poverty while corrupt officials prosper.
Belize dam fight heats up as court prepares to rule
(June 7, 2002) This week, a Supreme Court justice in Belize will begin hearings on two lawsuits that will test the country’s environmental laws for the first time.
Water board boss jailed for taking bribes
(June 6, 2002) The former chief executive of a water board has been jailed for 18 years for corruption, making him the first official in the southern African country to be punished for taking bribes from multinational companies.
Lesotho takes on corruption analysis
(June 6, 2002) The thing about corruption that really sticks in one’s throat is the arrogant self-righteousness of those, convicted of corrupt activity, who unashamedly deny they have engaged in criminal conduct.
Acres expects acquittal in bribery trial
(June 6, 2002) Acres International Ltd., one of Canada’s best-known engineering firms, says it believes it will be acquitted of bribery in the African kingdom of Lesotho even though the official it is accused of bribing was convicted.
SDRM or FTAP: Comment on Ms. Krueger’s first comprehensive proposal for a new debt restructuring mechanism
(June 5, 2002) This brief commentary on the IMF proposal for Sovereign Debt Restructuring Mechanism (SDRM) builds on our earlier reaction to the various speeches Ms. Krueger has delivered on the subject and follows broadly their structure.
Engineer jailed for taking bribes
(June 5, 2002) Masupha Sole was pushed into Lesotho High Court in a wheelchair yesterday to hear himself sentenced to 18 years in prison for taking bribes from foreign contractors.
Sentence handed down in Rex v. Masupha Ephraim Sole
(June 4, 2002) View Report
Lesotho water project executive sentenced
(june 4, 2002) Masupha Sole, the former chief executive of the Lesotho Highlands Development Authority, has been sentenced to a total of 57 years in prison, of which he will serve 18. This follows his conviction in May on 13 counts of bribery and fraud in the Lesotho High Court.
Highlands CEO to jail for bribe
(June 4, 2002) The former chief executive of the Lesotho Highlands Development Authority, Masupha Sole, was sentenced to 18 years in prison by the Lesotho High Court for taking bribes from international firms.
Defining Illegitimate Debt: Understanding the issues
(June 1, 2002) The concepts of unpayable debt and an international insolvency procedure are now part of the discourse on international finance. The third side of the triangle needs to be defined and established so debtors can argue that some debt is illegitimate.
ANEEJ Proposal To The Ad Hoc Committee For The Negotiation Against Corruption
(June 1, 2002) What is to be done when country X has a president or authorities that are corrupt and not willing to initiate asset recovery process? ANEEJ uses questions and also proposals to respond to the situation.
New push could result in debt reduction: campaigners
(May 31, 2002) A prudential system will help both sides, campaigners say, and unlike the "Drop the Debt" campaign fronted by Bono, will avoid the problem of countries being labelled deadbeats for repudiating debts by making the role of the banks explicit.
Obasanjo’s Deal with the Abachas
(May 30, 2002) The revelations made by President Olusegun Obasanjo on his deal with the family of the late Head of State, General Sani Abacha, on the recovery of monies looted by Abacha while in office has elicited sundry responses.
EDC releases environmental and disclosure practices
(May 30, 2002) Export Development Canada (EDC) has released revised policies governing its environmental and disclosure practices following a 60-day comment period.
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