Category: Odious Debts

Nigeria begins slow return from military rule

(September 3, 1999) President Olusegun Obasanjo intends to spend his 100th day in office working as usual, officials told AFP this week.

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Acres International replies

(August 27, 1999) We feel compelled to correct the record as it has been characterized in Patricia Adams’ commentary. Ms. Adams refers to Acres International and suggests that monies were improperly paid by our company to an official with the Lesotho Highlands Development Authority (LHDA). This is simply not the case. We did not make any such payments, and we have no knowledge of any improper transactions.

Foreign aid corruption case puts Canada on trial

(August 20, 1999) ‘Corruption has to be tackled head on,’ declared Diane Marleau, Canada’s minister for foreign aid this spring, two months after Canada adopted the OECD’s anti-corruption convention by making bribery of foreign public officials a criminal offence. But on the eve of the world’s first foreign aid-related corruption court case — one involving Canadian engineering giant Acres International — the government agencies concerned mostly appear to be abdicating responsibility.