Freeing Humanity – World Bank’s Legal Immunity Stripped, Opening Door for Lawsuits by Sasha Chavkin for International Consortium of Investigative Journalists
GNN Note – It was no accident that Jesus went through the market in Temple and destroyed the scene. The money changers / bankers have been a thorn in the side of humanity since day one. We need all the relief we can get from the evil empire. We have long seen these global banking cabals, like the World Bank, as an agent of the enemy. This is the best news we have heard in a very long, long time.
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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.
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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.
Bharat Patel, general secretary of the Association for the Struggle of Fisherworkers’ Rights, one of the plaintiffs, welcomed the historic ruling, saying: “This is a huge victory for the people of Mundra [and a] major step towards holding the World Bank accountable for the negative impacts their investments are causing.”
ICIJ covered the plight of the fishing community and the bank’s refusal to recognize its claims as part of its 2015 Evicted and Abandoned investigation. The project found that about 3.4 million people were physically or economically displaced by World Bank-funded development projects between 2004 and 2013, and that the bank often failed to follow its own rules for properly resettling these communities.
The legal case surrounded a 1945 law which granted international organizations “the same immunity from suit” as foreign governments.
