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TechnoratiSome Transparency, No Accountability:
The Use of Oil Revenue in Angola and Its Impact on Human Rights
I.Summary
II.Recommendations
To the
Government of Angola
To the
International Monetary Fund
To the World
Bank
To Donor
governments, the G-8 and Member Governments of the Extractive Industries
Transparency Initiative
To Oil Companies
Operating in Angola
III.Background:The IMF and Angolan Government
Staff-Monitored
Programs: 1995-2001
The Oil
Diagnostic
Delays in
Implementation and a Failure to Publish Reports
IV.The Oil Diagnostic:Oil Revenue Discrepancies
KPMG's July
2002 Inception Report and the July 2003 Executive Summary
Incoming
Revenue Discrepancies
Taxes and
Royalties
Sonangol's
Tax and Royalty Discrepancies
Sonangol's
Profit Oil Discrepancies
Reconciling
Incoming Revenues
Other Sources
of Revenue
Signature
Bonus Payments
Production
Discrepancies
V.Expenditure Discrepancies
The March
2002 and July 2003 IMF Staff Reports
Missing Funds
Inadequate
Record Keeping
Indications
of Corruption
War as an
Impediment to Economic Reform...
VI.Government Attempts to Restrict Information
Domestic Laws
that Would Criminalize and Restrict Information
Failure to
Provide Information to the IMF
Threats
Against Governments
Switzerland
France
Efforts to
Prevent Companies from Publishing Data
VII.The Impact of Lack of Transparency and
Accountability on Human Rights and Development
Freedom of
Information
Underfunding
of the Judiciary and the Right of Access to Justice
Inadequate
Funding of Health, Education, and Social Services
Social Bonus
Payments from Companies
The Angolan
Government's Obligation to Fulfill Economic, Social and Cultural Rights
Emerging
Issues:HIV/AIDS
Lack of
Democracy
VIII.International Initiatives to Promote
Transparency
IMF and World
Bank
The IMF
The World
Bank
The Extractive
Industries Transparency Initiative (EITI)
The Publish
What You Pay Campaign (PWYP)
The G-8
Statement
The Soros
Announcement
IX.
Conclusion
ACKNOWLEDGMENTS