Content Tagged: U.S. Senate Foreign Relations Committee

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Bank Heist

Bank Heist

Corrupt businesses, politicians, and cronies are stealing hundreds of billions of dollars from the globe’s poorest people. The World Bank and other multilateral development lending...
Prepared Statement of Bruce M. Rich, Senate Foreign Relations Committe, Combating Corruption in the Multilateral Development Banks, Chaired by Senator Richard G. Lugar (R), Indiana, Part I, May 13, 2004

Prepared Statement of Bruce M. Rich, Senate Foreign Relations Committe, Combating Corruption in the Multilateral Development Banks, Chaired by Senator Richard G. Lugar (R), Indiana, Part I, May 13, 2004

This testimony examines the institutional issues concerning massive corruption in World Bank lending over the past thirteen years through 2004, as documented in internal World Bank...
Testimony, Prepared Statement, and Discussion, Senate Foreign Relations Committee Hearing, Combating Corruption in the Multilateral Development Banks, Chaired by Senator Richard G. Lugar (R), Indiana, Part III

Testimony, Prepared Statement, and Discussion, Senate Foreign Relations Committee Hearing, Combating Corruption in the Multilateral Development Banks, Chaired by Senator Richard G. Lugar (R), Indiana, Part III

My testimony concerned the Asian Development Bank, subsequently the discussion with Senator Lugar also dealt with the World Bank and other multilateral development banks, especiall...
Submission to the Senate Foreign Relations Committee Roundtable on Recommendations to the Multilateral Development Banks to Reduce Corruption in Their Operations

Submission to the Senate Foreign Relations Committee Roundtable on Recommendations to the Multilateral Development Banks to Reduce Corruption in Their Operations

As a follow-up to the three hearings held by the Committee on corruption in the MDBs on May 13, July 21, and September 28, 2004, Chairman Lugar has asked us to provide three reco...
Foreclosing the Future: The World Bank and the Politics of Environmental Destruction

Foreclosing the Future: The World Bank and the Politics of Environmental Destruction

Over the last two decades the world’s institutions have largely failed to deal with the ecological crises of climate change, destruction of species, and pollution of fresh water an...
Climate Finance and Bank Reform

Climate Finance and Bank Reform

The World Bank has become the main financial administrator of “climate investment funds as well as for 12 different "carbon funds." A growing literature has documented the lack of...

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