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Complaint > Lonmin-01/Vice President request

Appraisal: CAO Appraisal Report: Lonmin. August 30, 2013

...President initiated a compliance appraisal of IFC’s Environmental and Social performance in relation to its investment in Lonmin. This decision was triggered by media reports of violent clashes between striking miners and police near Lonmin’s Marikana mine which claimed 44 lives earlier the same month. As requested by the CAO Vice President, this compliance appraisal will consider the adequacy of IFC’s appraisal and supervision of its Lonmin investment. In particular it will consider how IFC has...
IFC Compliance Advisor/Ombudsman - South Africa - 2013