Odious Debt ~ Tunisia

by Nick Glossop on August 27, 2012Leave a comment

Now, if Tunisia, if the commission that would be put in place, that cannot trace the use of a particular loan, the burden of proof is on the bank—not on the country, not on the people—it is up to the bank to then demonstrate how the loan was used, how it was used to finance development. If they cannot provide that proof, then the loans should be considered as odious.

More Real News on the subject of odious debt and Africa after the break.

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