Bank backlash from Peoples' Tribunal in Bangladesh

A Peoples’ Tribunal in Bangladesh has branded the World Bank, IMF and Asian Development Bank as being ‘anti-people’ and ‘evil’ and has called for them to pay compensatory damages or be banned from the country.

The ruling came after a day of depositions about economics, health, business and education, both for and against the international agencies.

The two-page judgement highlights how these institutions have undermined food and energy security, destroyed indigenous industry and driven up the cost of basic essentials.

The non-statutory tribunal has broad support from the country’s politicians, economists, NGOs and judiciary. For more information visit: www.bangladesh-web.com