Complaint > Dinant-01/CAO Vice President Request

Appraisal: CAO Appraisal for Audit of IFC: Corporacion Dinant S.A. de C.V., Honduras - Case of Appraisal initiated by CAO Vice President, August 13, 2012

...Vice President Summary This appraisal relates to IFC’s investment in Corporación Dinant, a vertically-integrated integrated palm oil and food company in Honduras.. In this instance a CAO’s compliance appraisal was initiated by the CAO Vice President in response to a letter submitted to the President of the World Bank Group in November 2010 and conversations between CAO...

Complaint > Dinant-01/CAO Vice President Request

Appraisal: CAO Communique Regarding Status of Dinant Case, Honduras, February 26, 2013

...Vice-President of the World Bank Group. “The primary focus of the audit is on IFC’s performance, but the role of the company may also be considered.” CAO has engaged an independent panel of experts for the purposes of the audit. The panel will convene in Washington, D.C. February 27-March 8, 2013. CAO will release the audit report publicly, together with any formal response by IFC, once cleared by the World Bank Group President. Full details on the case are available at: www.cao-ombudsman.org CA...

Complaint > Dinant-01/CAO Vice President Request

Compliance Review: Terms of Reference for Audit of IFC: IFC Investment in Corporacion Dinant S.A. de C.V. / Honduras, November 20, 2012

...Vice President About CAO CAO (Office of the Compliance Advisor/Ombudsman) is an independent office that reports directly to the president of the World Bank Group. The CAO reviews complaints from communities affected by development projects undertaken by the two private sector lending arms of the World Bank Group: the International Finance Corporation (I (IFC) FC) and the Multilateral Investment Gu...

Complaint > Dinant-01/CAO Vice President Request

Monitoring: English

...Vice President. “CAO continues to monitor progress by IFC to address identified compliance issues related to Dinant, and will complete its compliance appraisal shortly, after meeting with affected communities, their representatives, and other relevant stakeholders in Honduras.” More information about this case is available at www.cao-ombudsman.org Information about the project can be found on IFC’s website at www.ifc.org/disclosure CAO contact in Washington, DC: Emily Horgan Tel: +(1) 202-473-83...

Complaint > Dinant-01/CAO Vice President Request

Monitoring: English

...Vice President in response to reports of land conflict and related incidents of violence on and around Dinant oil plam plantations in Honduras’ lower Aguán Valley (Bajo Aguán), of which CAO became aware in late 2010. 6. The audit was finalized in December 2013 and released publically in January 2014. The audit made a number of non-compliance findings in relation to IFC’s review and supervision of the social impacts aspects of the project, particular...

Complaint > Dinant-01/CAO Vice President Request

Monitoring: English

...Vice President in response to reports of land conflict and related incidents of violence on and around the client’s oil palm plantations in Honduras’ lower Aguán Valley (Bajo Aguán), of which CAO became aware in late 2010. The audit2 was finalized in December 2013 and released publically in January 2014. The audit made a number of non-compliance findings in relation to IFC’s review and supervision of the social impacts aspects of the project, particularly as related to conflict and security issu...

Complaint > Dinant-01/CAO Vice President Request

Compliance Report: English

...Vice President in April 2012.2 The CAO Vice President triggered the compliance process having received a letter of complaint regarding the project submitted to the President of the World Bank Group in November 2010,3 and following conversations between CAO and non-government organizations (NGOs). Key allegations made regarding the project were that:  IFC’s client (Dinant) conducted, facilitated or supported forced evictions of farmers in the lower Aguán Valley (or Bajo Aguán); ...