In Lombok, the AIIB’s due diligence and transparency failures can be traced to the very beginning of its involvement. Before approving the Mandalika project in December 2018, the AIIB instructed the ITDC to conduct a comprehensive land assessment. The ITDC submitted a report stating that 92.7 percent of the selected land for development was “clean… Continue reading The Diplomat: Indonesia’s Mandalika Project Reveals the Dark Side of AIIB Lending
Mongabay, Hans Nicholas Jong, 14 June 2023 This level of U.N. engagement is “unprecedented,” said Wawa Wang, director of the NGO Just Finance International. Yet despite this, she said, “the AIIB and ITDC have yet to take decisive action to release key project documentation, address the root causes of human rights violations, and provide remedy… Continue reading Mongabay: Indonesia’s Mandalika megaproject still trampling on Indigenous community’s rights: Report
By providing core finance for the project, AIIB must take responsibility for its complicity in bankrolling the Mandalika project, where its client and project proponents have been implicated in inflicting human rights violations and fueling land conflicts.