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World Bank Group debars Innogy Solutions

Jaclyn Jaeger | March 19, 2018

The World Bank on March 19 announced the debarment of Innogy Solutions and its president for more five years in connection with collusive and fraudulent practices during the selection process for contracts under the World Bank-financed Integrated Persistent Organic Pollutants Management Project in the Philippines.

The debarment makes the Manila-based consultancy firm, its affiliates, and its president, Lloly Yana de Jesus, ineligible to participate in World Bank Group-financed projects during a 5.5-year time period. The debarments are part of a Negotiated Resolution Agreement, under which the company and its president acknowledge responsibility for the underlying sanctionable practices and agree to meet specified corporate compliance...

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