Evicted Railway Families Facing Debt ‘Crisis’

Debt levels among the more than 1,000 families being evicted by a $142.6 million railway project bankrolled by Australia and the Asia Development Bank (ADB) have reached “crisis” proportions and require major intervention, according to a U.S resettlement expert who was hired by the ADB to study the impact of the project. … In his recommendations, Mr. Cernea, said that evicted families were in many cases at risk of losing their new government-issued plots of land to moneylenders and that families falling into debt was “the single most dangerous risk” facing the resettled families. … Among his recommendations was an immediate stop to evictees being able to swap their new land for loans, a thorough census of the families and their debts, and that the ADB and Ausaid work with the government on a “full, project-scale” solution. He also questioned whether it was legal for the money lenders to take the families’ new plots of land as collateral and urged the partners in the project to see what they could do to nullify the loan deals or at least punish the lenders. … Nhean Leang, who sits on the government’s resettlement committee, claimed that of the more than 4,000 families affected by the rail project, only 25 were actually being hurt and shifted any blame to the ADB and the families themselves. “You should ask the ADB about the design, how they designed it. We just follow the designs of the Ministry of Transportation and the ADB,” he said. …

http://www.cambodiadaily.com/news/evicted-railway-families-facing-debt-crisis-15618/