Odious debt is a legal and economic doctrine stating that sovereign debt incurred by a despotic regime for personal gain or to suppress the population, rather than for the state’s benefit, is invalid and not transferable to a successor government. The debt is considered a personal obligation of the ruler, not the nation
Odious Debt case comes up tomorrow, 28 April 2026 at 11:00 a.m. before a three judge bench at Milimani High Court, Courtroom 31. This case goes to the core of accountability in public borrowing.
Join virtually: https://shorturl.at/demt3 #DeniBandia #OdiousDebt
