(May 10, 2000) Hundreds of millions of pounds stolen by the late Nigerian dictator General Sani Abacha and his entourage is stashed in bank accounts in London and Jersey, lawyers working for the Nigerian government claimed yesterday.
(May 3, 2000) With few exceptions, the first wave of private power deals in the early 1990s were for oversized, outmoded, and polluting power plants that the MDBs have traditionally financed.
(April 30, 2000) A landmark case against international corruption begins in the Maseru High Court this week, with a number of huge companies in the dock on charges of bribery.
(April 14, 2000) Excerpt from an interview with Noam Chomsky.
(April 1, 2000) GAO report evaluates WB management controls used to curb corruption.
(March 28, 2000) President Olusegun Obasanjo has called for immediate debt relief for Nigeria, pointing to the fact that his country is at a crucial time in its democratic transition and in urgent need of international support.
(March 11, 2000) The HIPC Initiative has been generally criticized for providing too little for too few countries, over too long a time period. Derek MacCuish explains what the criticisms have been focused on and introduces a new program of debt relief.
(March 8, 2000) Three agents of Lesotho’s National Security Service (NSS) have repeatedly harassed Mr. Benedict Leuta in recent months. Leuta is a resident of the Lesotho Highlands who lost land to the recently constructed Katse Dam.
(February 26, 2000) In the international arena, third world debt is not expected to be repaid by those who borrowed it (ex. military dictators and their cronies) but by the populations whom they oppressed.
(February 18, 2000) JAKARTA (JP): We feel we have met you, know you and dream the same things as you and many of us have faith in you. We have waited for your coming. We have sent letters to you but the response has been that you are too busy. We have wanted to meet you to discuss our problems and explain what you can do for us, but we are confronted by a wall. Every minute of your time has been organized for you and there is no space left for us.
(Febraury 2, 2000) The early 1980’s financial crisis faced by many countries in the
South had unpayable debt service as the immediate cause that was
precipitated by the tight money policies in the rich countries that
drastically hiked international interest rates. The debt debate ignores
the fact that debts were contracted as a result of borrowing by
undemocratic governments that were not mandated by the people.
(February 1, 2000) Wajeeh Elali proposes a pragmatic debt-management strategy for Iraq. On the topic "Who is to blame?" Elali includes the "imprudent lending practices" of some western and Arab creditors.
(January 6, 2000) Laotian Prime Minister Sisavath Keobounphanh has issued a decree to combat corruption in the ruling Communist party, the civil service and military, diplomats said Thursday.
(January 1, 2000) There is “no (repeat, no) prospect for Zaire’s creditors to get their money back in the foreseeable future.” – Edwin Blumenthal, International Monetary Fund.
(December 8, 1999) The multimillion-rand Lesotho Highlands Water Project bribery trial, involving more than 20 international companies and individuals, will begin on May 2 next year and run for five months, the chief magistrate of Maseru said yesterday.