The World Bank was blasted again this again for not putting enough consideration into environmental and social consequences before it lent tens of millions of dollars to Honduras’ largest bank:

The IFC approved $70 million for Ficohsa in 2011 despite the bank’s risky operating environment and clients, including a palm oil company linked to multiple killings and drug trafficking, the IFC’s Office of the Compliance Advisor Ombudsman (CAO) said in the report. … Human rights groups have accused Dinant and its guards of human rights violations, including killings and forced evictions of peasants occupying disputed land.

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