TOPIC: Tools » Institutions » Global » World Bank » Basic Structure » Legal System
Category
articles
Date
2010-08-03
Actor
Lourens, Carli
Source
Bloomberg
Uploaded date
2010-08-15
Uploaded by

World Bank's Investigative Unit Probes $3.75 Billion Loan to Utility Eskom

"A loan to Eskom Holdings Ltd. from the World Bank for $3.75 billion will be probed by the lender after protests by residents in South Africa against construction of a coal-fired power plant to be funded with the money. The investigation will consider “allegations of violations of World Bank operational policies and procedures” in awarding the loan, the lender’s Inspection Panel said on its website." (Quoted from article)

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