(December 17, 2010) U.S. Sen. Dick Lugar announced today that criminal prosecution of firms and individuals caught defrauding the World Bank and the other multilateral development banks is an important deterrent, but use of this tool varies widely among the banks.
Haiti heads for debt crisis as emergency loans pile up earthquake
(January 31, 2010) Anti-poverty campaigners warn emergency funds loaded to Haiti, at the height of crisis, will become a heavy debt burden for the quake devastated country. Already caught in a cycle of repayment for loans racked up by dictators from the western governments that kept the country’s looters in power, Haiti can’t afford its future in the present form of help.
Foreign aid for the unrepaid is mostly a masquerade
(April 14, 2009) The Hudson’s Institute, Jeremiah Norris,
Aid Keeps Latin America Poor
(April 6, 2009) The Wall Street Journal‘s Mary Anastasia O’Grady pokes at Treasury Secretary Timothy Geithner for jetting to last week’s Inter-American Development Bank annual meeting in order to propose a near tripling of the development bank’s capital.<.
Inter-American Development Bank debt relief a smoke screen
(December 12, 2006) A move last month by the Inter-American Development Bank (IADB) to write off US$2.1-billion in debt owed to it by five Latin American countries helps the Bank bail itself out and bury its mistakes under a cloak of magnanimity, says odious debts expert, Patricia Adams.
Letter to President of Inter-American Development Bank (IDB) re: Madeira River developments
(July 13, 2006) We are writing to express our extreme concern regarding news reports which indicate that the Inter-American Development Bank is planning to partially finance the construction of the Madeira River Hydroelectric Dam / Industrial Waterway Complex
A movement’s shifting stage
(August 1, 2003) Environmental activists “pitted against some of the world’s biggest energy companies over megaprojects in the Third World” are increasingly staging their battles in countries that fund such projects in environmentally fragile areas of Latin America.
Corruption corrodes Development Banks
(October 1, 2002) Scandal rages around alleged bribery in Lesotho, where the World Bank is financing Africa’s largest water project.
Corrupt practices continue in developing world – critics
(July 11, 2002) The multinational firms recently fingered for corrupt practices in the United States may be practising similar operations on a larger scale in developing countries, say long-time corporate watchdogs.
Canadian-backed hydro scheme threatens Belize wildlife
(July 24, 2000) Probe International argues for better alternatives to Canadian-backed Challilo dam in Belize.
PRESS RELEASE: Canadian-backed hydro scheme threatens Belize wildlife
(July 24, 2000) Probe International argues for better alternatives to Canadian-backed Challilo dam in Belize.
Guatemalan citizens harmed by World Bank-financed dam seek justice
(September 10, 1999) More than 17 years after a series of violent repressions stemming from Rio Negro’s opposition to the World Bank-funded Chixoy hydroelectric dam, three civil patrol commanders are being tried as material authors of the massacre.
Patricia Adams
Dai Qing
Fan Xiao
Lawrence Solomon
Mu Lan
Probe International
Lisa Peryman
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