Senate Foreign Relations Committee to hold hearing July 21 on U.S. Treasury role and internal efforts to combat MDB corruption

7 July 2004

This hearing: "Combating Multilateral Development Bank Corruption: U.S. Treasury Role and Internal Efforts" is the third in recent months related to corruption at these institutions.

The Senate Foreign Relations Committee will hold a hearing on "Combating Multilateral Development Bank Corruption: U.S. Treasury Role and Internal Efforts" on Wednesday, July 21, at 9:30 a.m. in Senate Dirksen 419. The hearing will be presided by Senator Richard Lugar. Witnesses will include

• Honorable John B. Taylor, Under Secretary for International Affairs, Department of the Treasury
• Honorable Richard Thornburgh Of Counsel Kirkpatrick & Lockhart
• Mr. Guido Penzhorn, Advocate and Senior Counsel, Durban Bar (South Africa)
• Ms. Kimberly Ann Elliott, Research Fellow, Institute for International Economics

This hearing is the third in recent months related to Multilateral Development Bank oversight, demonstrating increasing concern in Congress about the need to address corruption in Multilateral Development Bank lending. At a hearing held on May 13, 2004 Manish Bapna, Executive Director of the Bank Information Center, gave testimony regarding MDB corruption on behalf of several civil society organizations.

• Written Testimony of Manish Bapna before the United States Senate Committee on Foreign Relations, May 13, 2004 (Acrobat pdf 589 KB)
• July 21 hearing announcement (Senate Foreign Relations Committee website)
• More on previous corruption hearings (BIC website)