World: World Bank Sanctions Four Companies for Fraud, Corruption
Four companies in Bolivia, Bangladesh, and Cambodia will be sanctioned
for misconduct in World Bank-related projects, The World Bank said in a
statement.
“The World Bank announced the debarment
of four companies involved in misconduct relating to projects in Bolivia,
Bangladesh and Cambodia,” the statement, issued on Wednesday, said.
Two Bolivian companies, Empresa
Constructora y Consultora LAPTUS S.R.L. and Ingenieria en Construcciones
Orleans, were each debarred for two years for submitting fraudulent performance
securities during a bidding process, the statement said.
No comments:
Post a Comment