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Published on Friday, 15 July 2016

IFC textile loans linked to forced labour

Written by John Mowbray

WASHINGTON – Four Uzbek nationals have filed a complaint with the International Finance Corporation (IFC), the private lending arm of the World Bank, seeking an investigation into alledged forced labour connected to a US$40 million loan which was given to Indorama Kokand Textile, which operates in Uzbekistan. One of the complainants was a forced labour victim and, together with four human rights defenders, they have complained to the Compliance Advisor Ombudsman, an independent accountability unit attached to the IFC, presenting evidence that a loan to expand Indorama Kokand Textile's manufacturing of cotton goods in Uzbekistan, allows it to profit from forced labour and sell illicit goods.


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