(August 5, 1999) China plans to build two big hydroelectric power stations on the upper reaches of Yangtze River beginning at the turn of the century. The China Yangtze Three Gorges Project Development Corp.(CTGPC) proposal to build two hydroelectric power plants has won approval of the State Development Planning Commission. The two projects would be located in Xiluodu and Xiangjiaba along the Jinshajiang River, with an installed power generating capacity expected to reach 12,000 megawatts and 6,000 megawatts. Building may begin as early as 2002.
Bribes by major international dam-building companies taint World Bank-funded Lesotho water project
(August 2, 1999) A dozen major international dam-building companies involved in the World Bank-funded Lesotho Highlands Water Project(LHWP) have lavishly bribed at least one top official on the project.
Bribery case highlights failings
(August 2, 1999) The multimillion-rand bribery and corruption case involving a former boss of the Lesotho Highlands Water Project could test the industrialized world’s resolve to curb the offering of bribes by international business.
Official faces charges over R12m bribes
(July 29, 1999) The Lesotho government yesterday charged its former top official at the Lesotho Highlands Water Project, Masupha Sole, with taking R12m in bribes from a dozen international companies over 10 years.
Faulty Three Gorges dam unstoppable, says critic
(July 20, 1999) Chinese engineer predicts powerful vested interests won’t allow project’s cancellation
Lesotho dam’s sea of debt could drown water conservation efforts
(July 15, 1999) On June 4 the World Bank approved a loan for Mohale Dam, the second of five large dams in the Lesotho Highlands Water Project (LHWP).
News briefs
Three Gorges Probe July 9, 1999
(i) China’s Flood Defense Ministry Diverted Funds into Real Estate and Stock Market, Auditor Reports
(ii) Yangtze Floodwaters Force Closure of Three Gorges Ship Lock
(iii) Three Gorges Bond Traded on Shanghai Market
State council to confiscate water ministry’s luxury hotel complex
PRESS RELEASE State council to confiscate water ministry’s luxury hotel complex
(July 6, 1999) As millions of Chinese brace themselves for this year’s flood season, state auditors have discovered that the Ministry of Water Resources, the agency responsible for the country’s flood defense system, has diverted millions of dollars into real estate and the stock market.
UK banks pressured to return estimated 55 BLN USD looted by Nigerians
(July 1, 1999) British Jubilee 2000 is pressuring banks in the UK to freeze and help return an estimated 55 bln USD in ill-gotten gains placed abroad by Nigerians.
Finding fault with Candu case
(June 29, 1999) Letter to the Editor in response to the June 18 letter from Terry Thompson of Atomic Energy of Canada Limited (AECL).
World Bank delays funding that alarmed Tibetans: Chinese program receives approval
(June 25, 1999) Brushing aside U.S. objections, the World Bank board agreed to fund a highly controversial Chinese anti-poverty program that includes resettlement of 58,000 impoverished ethnic-Chinese farmers onto fertile lands historically inhabited by Tibetans.
World Bank approves loan to China
(June 25, 1999) The World Bank tried yesterday to defuse one of its most bitter disputes in years as it approved a $160-million (US) loan to China that had angered its biggest shareholders and outraged Tibetan activists.
World Bank approves China Western Poverty Reduction Project
(June 24, 1999) Qinghai component delayed for Inspection Panel Review
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