(March 23, 2004) "This is a monumental case for the future of corruption in international development projects, especially World Bank projects" and a "moment of truth" for the World Bank, said Patricia Adams of Canadian group Probe International.
UN awaiting reply from Iraq on alleged corruption in oil-for-food program
(March 23, 2004) The United Nations is awaiting reply from the Iraqi Governing Council on allegations of corruption in the UN-run oil-for-food humanitarian operation, a UN spokesman said on Tuesday.
Crooked company snubs Lesotho
(March 21, 2004) Acres International has snubbed the impoverished kingdom of Lesotho by not paying a R13 million fine after being convicted of corruption and bribery.
Western firms face bribery blacklist
(March 19, 2004) If Acres is debarred, it will send a powerful signal to the world’s big construction companies, which rely heavily on the World Bank and other international financial institutions for support.
Aid can’t develop Africans
(March 18, 2004) Western governments should accept that the debt owed by all African and developing world countries is odious and should be written off immediately for everybody, not just favorite strong men rulers who they hope will act or are acting as their foremen in Africa,’ writes Abdul-Raheem Tahudeen for the Ugandan newspaper New Vision. Furthermore, said Tahudeen, aid does not and cannot develop any society.
Mbeki hails Lesotho for corruption stand
(March 18, 2004) Foreign companies were the prime movers in the corruption of Lesotho officials in the Lesotho Highlands Water Project, President Mbeki said this week.
Argentina calls for France to aid in corruption probe
(March 18, 2004) Cash-strapped Argentina needs more help from rich nations to track tens of millions of dollars allegedly stashed abroad by former President Carlos Menem and his associates.
South Africa to help Lesotho sue corrupt contractors
(March 18, 2004) Southern African kingdom faces enormous costs for litigation against companies that bribed officials to win water project deals.
Fraser-Moleketi calls for global cooperation against corruption
(March 18, 2004) South Africa: Public Service and Administration minister Geraldine Fraser-Moleketi has appealed to the international community to join hands in fighting the cancer of corruption worldwide.
The key word is failure, Ms. Kelly
(March 17, 2004) This week has seen the opening of a £5 billion multinational dam project in tiny Lesotho, in southern Africa, that has already become more famous for exposing bribery than delivering water.
Iraq debts to Saudi hinder debt reduction deal-source
(March 16, 2004) A deal to reduce Iraq’s huge debt burden is being hindered by disagreement over whether Iraq’s debts to Saudi Arabia should be classified as loans or as grant aid, senior European treasury officials said on Tuesday.
Lesotho opens graft-hit dam project
(March 16, 2004) The project has drawn attention to the corrupt practices of some Western companies working in Africa.
Lesotho commended on corruption bust in water project
(March 16, 2004) President Thabo Mbeki has heaped praises on the Lesotho government on the way it has dealt with malpractices at the Lesotho Highlands Water Project, saying the action ensured increased investor confidence in future projects.
Related articles: Canadian firm in World Bank corruption probe
(March 16, 2004) The World Bank has formally reopened a corruption inquiry into a leading Canadian engineering company, which could lead to the first blacklisting of a major international firm.
Acres’ Lesotho woes continue
(March 16, 2004) Acres International Ltd., already convicted in an African bribery case, could be barred from World Bank-financed projects for corruption, the bank confirmed yesterday. It would be the first major international engineering firm to suffer that shame.


