(February 18, 2014) As Catalonia’s secession movement gains new momentum, Albert Pont, the leader of a Catalan pro-independence business lobby, recently called out part of the national debt owed by the government of Spain — estimated at 962 billion euros in 2013, its highest level in a century — as “odious debt.” In the event of separation from Spain, Pont said that while an independent Catalonia — currently a province widely known as “the factory of Spain” and as the country’s wealthiest region — would be willing to “assume part of [the Spanish] debt; obviously, a proportionate one…. there are shares of the debt that we are not responsible for.”
(February 4, 2014) A “privileged and confidential” review by the Canadian Commercial Corporation (CCC), released to Probe International under the Access to Information Act, says graft-tainted engineering giant SNC-Lavalin has cleaned up its act. Reviews that lack rigour and independence, however, do not help the cause of rebuilding corporate reputations.
(January 24, 2014) USAID may join forces with Chinese state companies to build a controversial and uneconomic dam in the Democratic Republic of Congo.
(January 7, 2014) British foreign aid money is being used to prop up some of the most corrupt countries in the world.
(November 26, 2013) A corruption trial in India involving Montreal-based engineering giant SNC-Lavalin has taken another turn.
(November 5, 2013) A Zimbabwe-based newspaper says greater accountability and transparency will help the country’s struggling economy, not foreign aid.
(November 5, 2013) The alleged “culture of corruption” by SNC-Lavalin and others was encouraged by the government’s willingness to turn a blind eye.
(October 23, 2013) Don’t count on any government in Canada to hold SNC-Lavalin’s feet to the fire. Blinders on and taxpayers’ cash in hand, they’re willing to reward allegations of corruption with big, fat contracts, says Huffington Post’s Daniel Tencer.
(October 18, 2013) A European Union auditor says billions of dollars in foreign aid to the Palestinian government has been squandered or lost to corruption.
(September 24, 2013) SNC-Lavalin may have to pull out from a consortium bidding on a contract to construct a massive dam project in the Democratic Republic of Congo.
(September 16, 2013) SNC-Lavalin’s decade-long scandal in India goes to trial.
(September 7, 2013) Bangladesh plans to have a anti-corruption official attend the Canadian pre-trial for two former SNC-Lavalin employees charged with corruption in relation to a $1.2-billion Bangladeshi bridge project. Canadian evidence needed to close Bangladesh case.
(August 20, 2013) The World Bank and Canada’s Department of Foreign Affairs, Trade and Development have banned Canadian engineering giant SNC-Lavalin from bidding on aid contracts. But that hasn’t deterred the Canadian federal department of Public Works from awarding a lucrative defence contract to a subsidiary of the corruption-plagued SNC-Lavalin company.
(August 19, 2013) Vulnerable because of its intangible nature, carbon credit trading has become a haven for a new and emerging type of crime says Interpol, the world’s largest international police organization.
(July 30, 2013) Lawmakers in the UK say the country is handing out billions of dollars in foreign aid without knowing how it is spent.