Category: World Bank

World Bank dupes our Supreme Court

A Supreme Court decision involving the World Bank and Canadian engineering giant SNC-Lavalin could threaten fair trials for falsely accused Canadians in the future and help corrupt Canadians to escape punishment. Patricia Adams of Probe International for the Financial Post.

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Answerable to no one

Just as China took a moment to enjoy Washington and Tokyo’s discomfort over Europe‚Äôs biggest economies declaring in favour of a new Chinese-led Asian investment bank, Washington and Tokyo took a moment to caution joiners to beware of governance standards. We say: beware of multilateral development banks in general.

Dam fools

(April 11, 2014) A report representing the most comprehensive economic analysis of large dams ever undertaken has dealt a stunning blow to the behemoths of hydropower. But will its findings be enough to curb a new wave in mega-dam construction? Unlikely, says Probe International.

World bankruptcy

(November 28, 2007) When the World Bank staff staged a coup against then-President Paul Wolfowitz earlier this year, The Wall Street Journal editorials argued that one motivation was to stop his anti-corruption fight. Now The WSJ describes “another backroom putsch,” this time against Suzanne Rich Folsom, the head of the bank’s anticorruption unit (INT, or department of institutional integrity).