The
intensifying competition for commercial access to the world’s remaining
deposits of oil, gas and minerals brings with it a serious risk of
exacerbating corruption and violent conflict. Our new report shows that
in Angola and Nigeria there is a risk that complex deals struck between
governments and corporations for access to natural resources could be
used corruptly to benefit vested interests in these countries, rather
than the citizens. The report also points to major concerns over opaque
sales of mining assets in the Democratic Republic of Congo to offshore
companies.
If citizens do not know why particular companies have been awarded natural resource licenses, it can lead to suspicions of wrongdoing, especially in countries like Nigeria, Angola and the DRC with track records of natural resource related corruption. Transparency is crucial for citizen’s ability to trust that there has been no conflict of interest and to ensure that Angola, Nigeria and the DRC use their natural resource revenues for development and poverty reduction.
http://www.globalwitness.org/sites/default/files/library/RIGGED%20The%20Scramble%20for%20Africa%27s%20oil,%20gas%20and%20minerals%20.pdf
If citizens do not know why particular companies have been awarded natural resource licenses, it can lead to suspicions of wrongdoing, especially in countries like Nigeria, Angola and the DRC with track records of natural resource related corruption. Transparency is crucial for citizen’s ability to trust that there has been no conflict of interest and to ensure that Angola, Nigeria and the DRC use their natural resource revenues for development and poverty reduction.
http://www.globalwitness.org/
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