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Money for Nothing (Or How Corruption Fuels Dam Building in Nigeria)

Thu, 03/20/2008 - 12:00am

Nigeria is being rocked by a huge corruption scandal. As President Yar’Adua recently revealed, the administration of his predecessor spent $16 billion on the power sector, but appears to have diverted much of the money. The ongoing investigation has unearthed interesting details about how corruption works in practice. The story involves dam builders from Germany, China and other countries and senior World Bank officials.

Chronic Problems at Yacyretá Dam

International Rivers Network Press Release

INTER-AMERICAN DEVELOPMENT BANK INVESTIGATION CONFIRMS CHRONIC PROBLEMS AT YACYRETÁ DAM

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Yacyretá

Yacyreta flooding house.jpeg.jpg
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La represa de Yacyretá en el Río Paraná ha estado construyéndose desde el año 1979 por los gobiernos de Argentina y Paraguay.

Lesotho Highlands Water Project: What Went Wrong?

LHWP What Went Wrong? Presentation to Chatham House Conference, July 10th 2000 "Corruption in Southern Africa – Sources and Solutions"

I have been asked to discuss the charges currently being prosecuted in the Lesotho courts against 19 corporate and individuals accused of bribing a top official in the Lesotho Highlands Water Project in order to gain project contracts. My allotted task is to explore the question: "What went wrong?"

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Companies Charged with Corruption on Lesotho Dams

Lori Pottinger

Ten companies and two consortia were summoned to appear in the Maseru Magistrates’ Court in Lesotho on November 29 on charges of bribing Masupha Sole, former director of the Lesotho Highlands Development Authority (LHDA). Sole is accused of accepting around US$2 million in bribes from the companies, which included major dam–building firms from Europe, Canada and South Africa.
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Companies Charged with Corruption Should Be Suspended From World Bank Contracts

Dam–building companies charged with corruption in a Lesotho court should be suspended from receiving World Bank contracts while they are under investigation, says International Rivers Network. International Rivers is also calling on the World Bank to establish an independent investigation of its role in the scandal.

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