All World Bank Group articles

  • WorldBankGroup

    World Bank debars Kalpataru Power Transmission for fraud


    The World Bank announced the debarment of India-based Kalpataru Power Transmission for 12 months and one day for fraudulent practices connected to power development projects in the Democratic Republic of the Congo and Egypt.

  • WorldBankGroup

    World Bank Group debars MTZ Equipment for fraud


    The World Bank has imposed a 30-month debarment on Canada-based MTZ Equipment for fraudulent practices connected to Afghanistan’s On-Farm Water Management Project.

  • WorldBank

    World Bank Group debars Sieyuan Electric


    The World Bank Group has placed a 15-month debarment on Shanghai-based Sieyuan Electric relating to fraudulent practices under the Inter-Zonal Transmission Hub Project.

  • WorldBankGroup

    World Bank Group debars for one year Vietnamese water and sewerage company


    The World Bank has imposed a one-year debarment on Vietnamese, state-owned water and sewerage company Vietnam Water and Environment Investment Corporation – JSC.

  • Blog

    World Bank debars Odebrecht subsidiary


    The World Bank has imposed a three-year debarment on Brazil-based construction and engineering company Construtora Norberto Odebrecht for fraudulent and collusive practices during its participation in the World Bank-financed Río Bogotá Environmental Recuperation and Flood Control Project in Colombia.

  • Blog

    World Bank Group reaches settlement with Africa Railways Logistics


    Africa Railways Logistics Limited has been debarred by the World Bank Group for two years after an employee attempted to improperly influence the customs and port clearance process for locomotives that were part of two investment projects by the International Finance Corporation (IFC), the private-sector arm of the World Bank ...

  • Blog

    World Bank Group debars Innogy Solutions


    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.

  • Blog

    World Bank: FreeBalance faces six-month debarment


    The World Bank Group announced the debarment for six months of FreeBalance, a Canadian provider of financial-management-related software, connected to sanctionable misconduct under the Integrated Financial Management Information System Project for Liberia.