International Water Justice community sent the petition to the Supreme Court of Indonesia. Residents of Jakarta filed a citizen lawsuit against water privatisation in Jakarta at Central Jakarta District Court in November 2012. They argued in the lawsuit that water privatisation failed to fulfil the residents’ access to safe water, caused a series of corruptions and financial harm to the public budgets. In March 2015, the court ruled in favour of the residents, annulling the contract agreement with two private water operators. It was a significant victory of people. The decision, however, was challenged by these private companies and other defendants. Unfortunately the residents lost in the High Court in February 2016. Jakarta people decided to challenge the High Court ruling at the Supreme Court.
A few weeks after the May coup against Dilma Rousseff by conservative parties backed by the country's largest corporations, Brazil's “interim” government, led by Michel Temer, signed an emergency loan to the State of Rio de Janeiro to help finance infrastructure for the 2016 Olympics – in particular for a subway line connecting the sports venues. The bailout was conditional to selling off the State's public water supply and sanitation company, the Companhia Estadual de Águas e Esgotos (Cedae)
Privatisations of state-owned assets have become a central plank of EU/Troika agreements with debtor nations such as Greece, Ireland, Italy, Spain and Portugal, but there has been little examination of their track record nor an examination of who really benefits. This report puts a spotlight on the legal and financial corporate giants making millions out of the new wave of privatisations across Europe.
Le Monde Diplomatique - The latest study from the Transnational Institute (TNI) on the effects of the ‘privatising industry’ in Europe concludes that ‘there is no evidence that the privatised companies are more efficient’. Instead, privatisation has undermined wage structures, made working conditions worse and increased income inequality.