Search results for ‘world bank

World Bank sanctions Lahmeyer International for corrupt activities in bank-financed projects

(November 6, 2006) The World Bank has declared Lahmeyer International GmbH (Lahmeyer), a German company, ineligible to be awarded Bank-financed contracts for a period of seven years, because of corrupt activities in connection with the Lesotho Highlands Water Project (LHWP). The period of ineligibility may be reduced by four years if the Bank determines that Lahmeyer has met specific compliance conditions and fully cooperated with the Bank in disclosing past sanctionable misconduct.

In involuntary resettlement for China projects, the World Bank ignores its own guidelines

(May 31, 2006) For some years now, the World Bank has been promoting the People’s Republic of China as a model of “best practice” for the developing world in the contested area of involuntary resettlement. This evaluation has been widely repeated, and most recently has been adopted in several papers commissioned by the World Commission on Dams (WCD, a body mandated to conduct an independent review of the “development effectiveness” of big dams and water projects around the globe.