https://www.icij.org/investigations/world-bank/world-banks-legal-immunity-stripped-opening-door-for-lawsuits/?utm_content=buffer02a62&utm_medium=social&utm_source=twitter.com&utm_campaign=Buffer+-+Twitter
The Supreme Court of the United States has rejected World Bank claims
of complete legal immunity, ruling that one of its arms can be sued in
relation to lending activities.
The 7-1 ruling could also open other American-based international
organizations to the threat of lawsuits over financing overseas
development.
For the World Bank, it means that it now faces having to defend
against a suit by members of a fishing community in Mundra, India, who
contend that their homes and livelihoods were damaged by pollution from
a coal power plant that was financed by the bank’s private sector lending arm, the Washington, D.C.-based International Finance Corporation.
No comments:
Post a Comment