Enron and Shell already own part of the Bolivian state oil and gas company, and built the Bolivia-Cuiabá pipeline, which was blamed for degrading the last intact dry tropical forest in the world. and lead to Enron being investigated by the US dept of Justice for violations of the Foreign Corrupt Practices Act.
"U.S. tax dollars should not be used for the destruction of pristine tropical forests," said Atossa Soltani, Executive Director of Amazon Watch. "IDB’s rejection of this loan will send an important signal to Enron and others that they can no longer count on public coffers to underwrite the devastation of globally treasured ecosystems.”