2000 Cochabamba Protests - Aguas de Illimani

Aguas De Illimani

Similar protests took place in La Paz over Aguas de Illimani, a subsidiary of the French multinational Suez. Aguas de Illimani's contract with the state was broken after allegations were made by the Bolivian government that it did not respect all of the clauses of the contract. According to the Bolivian ambassador Pablo Solón Romero, the International Finance Corporation (IFC), part of the World Bank Group, was a share-holder of Aguas de Illimani. The ambassador pointed out that since the case was brought before the ICSID, which is an arm of the World Bank, a conflict of interest arose in this affair.