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by abdullahkhalids
778 days ago
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You can look at the Riko Diq case [1] from Pakistan. It is one of the largest copper deposits in the world. In the 90s the Balochistan provincial governments granted a foreign corporation rights to explore the region. It's quite clear that this foreign corporation bribed local politicians/officers to get these rights. It was ruled in 2013 by the Pakistan Supreme Court that this agreement was contrary to Pakistani law, and it was improper enough that it be dissolved. However, the foreign corporation sued at a World Bank court and was awarded damages of 11 billion USD. Pakistan's economy cannot pay this amount, and so a backroom deal was struck 2 years ago, in which Pakistan had to allow the corporation to start its mining operations, though with a somewhat better deal for Pakistan [2]. The lesson here is that, by greasing the right palms in a weak country, a corporation can basically get Western controlled international organizations to overrule the entire legal apparatus of the weak country. In other words, the regular people of Pakistan are being punished by international organizations for the actions of a few dirty apples among them. [1] https://en.wikipedia.org/wiki/Reko_Diq_case [2] https://www.dawn.com/news/1726807 |
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Pakistan ranks very high in the corruption scale. They’re being punished for the actions of their elected leaders, the corrupt ones they’ve consistently refused to vote out of office.