(July 23, 2004)Canadian-based foreign aid watchdog Probe International welcomed the World Bank’s decision today to blacklist Canadian engineering company Acres International from receiving World Bank contracts for the next three years and predicts the Bank’s blacklisting of Acres will lead to more debarments of other companies convicted in the Lesotho corruption trials.
(November 17, 2003) While Bono’s oratory may be splendid, his analysis sells Africa short . . . As Africans know too well, the more that their governments have received foreign aid, the more poverty has grown.
(October 28, 2002) Lesotho High Court has fined Acres International US$2.25 million (22,580,091 maloti) for bribing the former head of a multibillion-dollar dam project to secure contracts.
(September 18, 2002) A major Canadian engineering firm that has worked on hydro projects and resettlement planning in Asia’s six-country Mekong region has been convicted by the Lesotho High Court on two counts of bribery.
(September 17, 2002 ) In a landmark decision that has sweeping implications for Third World development, engineering multinational Acres International has been convicted in Lesotho of bribing a foreign official to secure contracts on a multibillion dollar dam scheme.
(June 27, 2002) A corruption trial in Lesotho should be forcing Canadian agencies to re-examine their relationships with firms that engage in bribery. Instead, the indifference it is being greeted with indicates little has changed.
Cracks in the dam, first discovered in 1999, have multiplied and grown. Some now extend from the top to the bottom, putting millions at risk.
(August 20, 1999) ‘Corruption has to be tackled head on,’ declared Diane Marleau, Canada’s minister for foreign aid this spring, two months after Canada adopted the OECD’s anti-corruption convention by making bribery of foreign public officials a criminal offence. But on the eve of the world’s first foreign aid-related corruption court case — one involving Canadian engineering giant Acres International — the government agencies concerned mostly appear to be abdicating responsibility.
(May 10, 1999) A global movement is asking Western nations to forgive ‘odious’ debt extended to despotic regimes. The cause has merit, but opposition is building.
All aboard the EDC money train: The Export Development Corporation uses government money to prop up smokestack industries while discouraging private-sector competition in the credit insurance business
(January 11, 1999) The Export Development Corporation funds environmentally-damaging industries with taxpayer money, writes Patricia Adams.
(Autumn 1998) Uneconomic and outdated, the Three Gorges dam will stunt China;s economic growth
(September 21, 1997) In September, at the urging of the federal government, a group of Canadian companies voluntarily agreed to follow a new International Code of Ethics in their overseas activities.
(April 2, 1997) Probe International’s Executive Director, Patricia Adams, looks at some of the disastrous projects backed by the Canadian Crown corporation, the Export Development Corporation.
Canada’s #1 threat to the global environment is trying to muzzle Probe International and its support
(March 21, 1996) Canada’s Export Development Corporation has quickly become Canada’s #1 threat to the global environment, and it is determined to stop the attention Probe International and its supporters have been giving it.
(March 1, 1996) Letter by Probe International’s Patricia Adams: EDC finances some of the world’s worst environmental disasters.