Bank’s Services for Arms Dealers in Conflict with Its Own Policy

Soldiers patrolling Monrovia, Liberia, during the civil war in 2003. Photo: AP 

Ahmad Fouzi Hadj. Photo: LoSchermo.it (CC BY-NC-SA 3.0 IT)-Chinese-made guns that were seized en-route to Libya.

One dealer, Katex Mines, helped fuel Liberian rebel uprising using child soldiers that left hundreds of civilians dead and 2,000 injured 

By Will Fitzgibbon and Martha M. Hamilton

February 10, 2015, 6:00 am

It was a scene of incredible carnage.

In July 2003, a recently re-armed rebel group, Liberians United for Reconciliation and Democracy, resumed its two-month siege of the capital, Monrovia, fighting to wrest control of the country from President Charles Taylor. Child soldiers were fighting on both sides, in an area filled with civilians.

Bank’s Services for Arms Dealers in Conflict With Its Own Policy by Thavam Ratna