Haiti: the dark history of French colonial banks resurfaces

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In its recent powerful investigation into the exploitation of Haiti by France in the colonial past, The New York Times highlighted the predatory role played by the bank Crédit Industriel et Commercial. In fact, reports Laurent Mauduit, all French colonial banks practiced this same pillaging system of exploitation in Asia, Africa and the Antilles.

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In one of its four-part series of investigative reports on France’s exploitation of Haiti over the course of the 19th century, published in English, Creole and French, The New York Times focuses on the role played by the Société Générale de Crédit Industriel et Commercial between 1875 and the start of World War I.