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Honduran farmers accuse World Bank of ‘profiting’

Wednesday, March 8, 2017

A group of Honduran farmers embroiled in a long-running land rights dispute has accused the World Bank’s private sector arm of “knowingly profiting from the financing of murder” as it extended millions of dollars in loans to one of the country’s largest landowners.

In a class-action lawsuit filed on Tuesday in the US District Court for the District of Columbia, lawyers for the farmers accuse the International Finance Corporation and a subsidiary of wilfully turning a blind eye to the murder of more than 100 people since 2009 in the Bajo Aguan region of Honduras.

Source: Financial Times