Press Responses

Press Responses: Friday, July 30, 2004

Corruption: Canada backs firm banned by World Bank

by Marty Logan, Inter Press Service (Johannesburg), July 30, 2004.

It is business as usual between Canadian government agencies and a local company barred from World Bank contracts after being convicted of bribery in Africa.

In September 2002, engineering firm Acres International was found guilty in the High Court in the southern African nation of Lesotho for trying to bribe the official responsible for the multi-billion-dollar World Bank-financed Lesotho Highlands Water Project (LHWP).

Acres, based in Oakville in the province of Ontario, appealed and last year had one charge dropped. But the conviction was maintained on the second count and the firm was fined the equivalent of two million U.S. dollars.

Press Responses: July 5, 2004

Belgium clears path to developing world prosperity

David Hillman
Monday July 5, 2004
The Guardian

Tony Blair calls Africa a scar on the conscience of the world. Gordon Brown has a means for healing that scar through a doubling of aid. The chancellor says his international financing facility (IFF) is the only game in town, but so far the teams are still stuck in the dressing room.

Press Responses : December 11, 2003

World Bank mulls advice to end oil project funding
 
(Reuters - Dec 11)
 
WASHINGTON - The World Bank is considering how to respond to an
independent report that recommends the institution phase out investment in
oil projects by the end of 2008 because of environmental concerns, a bank
official said this week.
 

The Extractive Industry Review was commissioned by bank president James

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