(October 20, 2005) Rich Western creditor nations yesterday rewarded determined efforts by Nigeria’s Government to reform its economy and tackle corruption with a write-off of $18 billion of debt.
Nigerian threat to repudiate helps force Paris Club to deliver debt cancellation
(October 20, 2005) “Nigeria’s debt write-off at the Paris Club demonstrates the partial success of the Nigerian parliament’s threat to cancel its own debt through repudiation, which helped to force the hand of these creditors.”
Nigeria debt deal fuels group’s optimism
(October 20, 2005) “Most Nigerian debt was lent to corrupt dictators by irresponsible creditors. These creditors should now recognize their responsibility and fully cancel Nigeria’s debt.” – Otive Igbuzor, ActionAid country director for Nigeria.
U.S. Sen. sees progress in banks anti-corruption fight
(October 20, 2005) International development banks have made progress in fighting corruption in their organizations, the U.S. Senate sponsor of anti-corruption legislation said.
ADB says won’t publish list of corrupt firms
(October 19, 2005) The Asia Development Bank’s corruption chief on Wednesday defended his decision not to publish the names of companies blacklisted for corruption in institution-funded projects, despite pressure from donors.
Chile court strips Pinochet immunity in tax case
(October 19, 2005) Chile’s Supreme Court stripped former Chilean dictator Augusto Pinochet of his immunity from prosecution on Wednesday so he can face charges of tax fraud involving an estimated $27 million in offshore accounts, a court source told Reuters.
Downstream groups back a free-flowing Nu River
(October 19, 2005) As controversy swirls in China around development plans for the Nu River in Yunnan province, 90 environmental and community groups in Burma and Thailand have lodged their own appeal with Beijing to keep the pristine international river free of dams.
Speakers highlight plight of poor in debt-ridden countries
(October 19, 2005) Wahu Kaara speaks to students about the damage of third-world debt.
Worst corruption offenders named
(October 18, 2005) Corruption leads to much-needed resources leaking overseas.
Judiciary biggest obstacle to anti-corruption campaign
(October 14, 2005) The judiciary is the "biggest stumbling block" in the Philippine government’s effort to curb corruption, mainly because of its snail-paced trial of graft charges against corrupt government officials, Hong Kong’s former anti-corruption czar said.
The corruption quandary
(October 14, 2005) Iraq’s transitional government has issued arrest warrants for a former defense minister and 23 other officials for the misappropriation of more than $1 billion during the administration of Iraq’s interim government from June 2004 until April.
Pinochet money ‘from arms sales’
(October 14, 2005) Chile’s former military ruler, Augusto Pinochet, amassed some of his secret fortune with commissions from weapons sales, a state prosecutor has said.
Study planned for two dams
(October 4, 2005) Thailand’s energy planners have dusted off plans for mainstream Mekong dams studied by Canadian firm Acres International in the early 1990s.
Five years in Wuhan Women’s Prison for requesting fair treatment
Wang Xidong was attending a meeting at her son’s school when the police arrived for her. They took the mother of three away on April 21, 2004, and if she serves her full sentence, she won’t be home again until 2009.
Fighting fraud and corruption: World Bank fills out its armoury of counter measures
(October 3, 2005) Corruption remains a formidable barrier to development, the recently appointed World Bank President Paul Wolfowitz said in his first address to the annual World Bank and International Monetary Fund meetings in Washington.
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