World Bank blacklists 58 Nigerian companies, individuals over corruption
ABUJA (Sundiata Post) - The World Bank has blacklisted 58 Nigerian companies and individuals for engaging in corrupt practices, a
Source: sundiatapost.com
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Fraud in group-financed projects: WB debars two consultancy firms, Pakistani national
ISLAMABAD: The World Bank has announced the debarment of the Pakistan-based consultancy companies Solutions for...
Source: brecorder.com
Revitalizing our partnerships for anticorruption
Through its independent Integrity Vice Presidency (INT), the World Bank is significantly engaged with our MDB partners in our fight against corruption in development projects. Central to this engagement is the MDB Agreement for Mutual Enforcement of Debarment Decisions...
Source: worldbank.org
Forging a United Front Against Corruption
This year’s twentieth anniversary of the United Nations Convention against Corruption (UNCAC) is an opportunity for reflection. With 190 parties as of October 2023, the UNCAC is the only legally binding international anti-corruption agreement. The treaty’s framework sets forth a comprehensive set of measures to prevent and combat corruption, calls for criminalization of the most prevalent misconduct, and requires member states to return assets obtained through this crime to the country from which they were stolen. The convention further calls for sanctions to be extended to those who parti...
Source: worldbank.org
World Bank debars HTC construction and Advanced Technology in fraud case
The World Bank has taken a decisive step in debarring the HTC Construction and Advanced Technology Joint Stock Company, a Vietnam-based construction firm, for a
Source: newzealandstar.com