The World Bank on Wednesday announced the two-year debarment of French water engineering company OTV and one-year debarment of Brazilian water treatment technology company Veolia Water Technologies Brasil for fraudulent and collusive practices during a bidding process under the World Bank-financed Río Bogotá Environmental Recuperation and Flood Control Project in Colombia.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...