World Bank criticised over its links with Corporación Dinant
The World Bank invited Corporación Dinant, a Honduran agribusiness, to speak at a bank conference in Washington on security and human rights matters despite its links to death squads.
According to the 100 Reporters website the International Finance Corporation, the World Bank’s private-sector lender, had 'violated its own rules in extending a $30 million loan to the company — suppressing information about risk and ignoring the “acutely violent” land conflict surrounding the company’s plantations'.
Dinant's attendance at the annual conference in May was widely criticised by human rights organisations, as the conference appearance coincided with Dinant's recent announcement that it would 'build barracks to house Honduran military forces on one of its plantations, while disarming its own private company guards'.
Additionally, it was reported that 'last year, one human rights organization cited witnesses who said that state security forces and company guards had acted interchangeably'.
An open letter sent to Secretary of State John F. Kerry discussed the continuing “death-squad style killings by Honduran police” and said “indigenous and campesino activists were being targeted and killed.”
A professor from the University of California Santa Cruz stated: “There are widespread allegations including a lot of documentation that Dinant security guards have killed, threatened or intimidated land rights activists in the Aguán valley for the last five years with complete impunity,”
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