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Artículo

13 Ene 2014

Autor:
Compiled by Business & Human Rights Resource Centre

Honduras: Investigation into World Bank's Intl. Finance Corporation investment in Corporación Dinant (Dec 2013)

On 20 December 2013, the World Bank's Office of the Compliance Advisor Ombudsman (CAO) released an audit into the bank’s private-sector lending arm, the International Finance Corporation (IFC)'s investment in the palm oil and food company Corporación Dinant in Honduras. The study concluded that the IFC: failed to adhere to its own policies meant to protect local communities; either failed to spot the serious social, political and human rights context in which Dinant is operating or where it did, failed to act effectively on the information; and failed to disclose vital project information, consult with local communities, or to identify the project as a high-risk investment. Civil society claims that the expansion of palm oil plantations in the Aguán Valley is associated with human rights abuses, including the alleged killing, kidnapping and forced eviction of farmers.