Joint Letter to World Bank Board: Ensure Lessons are Learned in Honduras

Today, Accountability Counsel partnered with Oxfam, Global Witness, ActionAid International and others to support Honduran groups in their demand that the World Bank’s IFC learn lessons from their disastrous investment in Dinant, a Honduran company confirmed to have committed rights abuses by the IFC’s own auditor.  At issue is a new $15 million IFC loan to a Honduran Bank called Davivienda that is being “fast tracked” without discussion at the World Bank’s Board and in spite of the known risks that the funding will contribute to further abuses in Honduras.  Read our letter to the World Bank’s Executive Directors here.