Bharat Patel, General Secretary, Machimar Adhikar Sangharsh Sangathan, narrating the history of violations by the IFC, Tata Mundra Power Plant and Peoples’ Resistance to it. The MAAS filed a case in the US federal courts against the IFC and other International Financial Institutions. The US Supreme Court will hear the landmark case, first against IFIs, on October 31, 2018. He was speaking at the Symposium on India’s Engagements and Experiences with Accountability Mechanisms of Multilateral Development Banks, which was organised by the Working Group on International Financial Institutions.

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In a historic 7-1 decision, the U.S. Supreme Court decided in Jam v. IFC that international organizations like the International Finance Corporation of the World Bank Group do not enjoy absolute immunity.

The Court’s decision marks a defining moment for the IFC – the arm of the World Bank Group that lends to the private sector. For years, the IFC has operated as if it were “above the law,” at times pursuing reckless lending projects that inflicted serious human rights abuses on local communities, and then leaving the communities to fend for themselves.

This will be the first time the US Supreme Court has addressed the scope of international organisations’ immunity.

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