The Project:
The Project is described as being under the third policy loan (PL3) in a program of three lending operations supporting Poland's goal of convergence with European Union (EU) living standards. The International Bank for Reconstruction and Development (IBRD) is funding this project with US$ 1.33 billion.
The Request:
The Requesters state that their property was expropriated in the 1970s without compensation. They claim that this property is likely to be “privatized” by the Polish Government with the active support of the World Bank through this operation.
Policies and Procedures raised in Request:
- OP 7.40 - Disputes over Defaults on External Debt, Expropriation, and Breach of Contract
Decision:
The Panel determined that there is no nexus between the Bank-financed operation and the claims concerning privatization in the Request for Inspection. Since the claims relate to actions or omissions that are not the responsibility of the Bank, the Panel did not register the Request for Inspection.
