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PEOPLE OF LEÓN AND CHINANDEGA’S COMPLAINT REGARDING THE OPERATIONS OF NICARAGUA SUGAR ESTATES LIMITED S.A. INTERNATIONAL FINANCE CORPORATION PROJECT 25331
A formal complaint submitted to the Office of the Compliance Advisor Ombudsman on March 31, 2008, by community members and former employees regarding the operations of Nicaragua Sugar Estates Limited, S.A. (NSEL). The complainants allege that the International Finance Corporation (IFC) failed to comply with its own social and environmental sustainability policies when approving a $55 million loan (Project 25331) to NSEL for sugarcane production and ethanol plant construction.
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Document type: Report
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