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World Bank debars 3 companies

PRESS RELEASE JUNE 30, 2021 World Bank Group Debars Three Companies, Promotes Higher Integrity Standards as Terms of Settlements WASHINGTON, June 30, 2021 — Amid an unprecedented year, the World Bank Group concluded 18 settlement agreements in fiscal year 2021 with companies or individuals who participated in World Bank-financed operations across 13 […]

World Bank debars 2 Chinese firms for 18 months

World Bank Group Sanctions Two Chinese Engineering Companies for 18 months WASHINGTON, October 28, 2020 — The World Bank Group today announced the 18-month sanctions of China National Electric Engineering Company Limited (“CNEEC”) and its wholly owned subsidiary, China Electric Design and Research Institute Company Limited (“CEDRI”), both international engineering companies, […]

World Bank debars someone

PRESS RELEASE AUGUST 19, 2020 World Bank Group Debars Individual for Fraudulent Practices WASHINGTON, August 19, 2020 — The World Bank Group today announced the 15-month debarment of an individual consultant in connection with a fraudulent practice as part of the Agricultural Technology and Agribusiness Advisory Services Project in Uganda. The debarment makes Ms. […]

World Bank Debarment: Yooshin Engineering Corporation

PRESS RELEASE JULY 1, 2020 World Bank Group Debars Yooshin Engineering Corporation  WASHINGTON, July 1, 2020 — The World Bank Group today announced the 13-month debarment of Yooshin Engineering Corporation (“Yooshin”), a general engineering and construction supervision company based in the Republic of Korea, in connection with fraudulent practices as part of […]