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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


FCPA Blog Daily News

Entries in World Bank (117)

Monday
Jul172017

World Bank debars two AECOM units

The World Bank Group announced the debarment Friday of AECOM Asia Company Limited for 18 months for violating the Bank's guidelines for consultants.

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Friday
Jul072017

World Bank debars Germany’s Fichtner GmbH for Africa misconduct

The World Bank debarred Fichtner GmbH & Co. KG for fifteen months after a former employee took bribes to influence contract awards on a project in Africa.

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Wednesday
Jul052017

World Bank sanctions (but doesn't debar) CDM Smith for non-compliance in Vietnam

The Boston engineering company that paid $4 million last week to settle FCPA offenses in India was also sanctioned by the World Bank Thursday for failing to disclose a subcontract on a project in Vietnam.

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Thursday
Jun082017

Stephen Zimmermann: The importance of administrative remedies in the fight against corruption

Responding to persistent corruption in countries around the world takes more than a commitment to a Convention and adoption of sweeping legislation to achieve meaningful progress. A broad view, an innovative approach and a willingness to look across a wide spectrum of solutions are all critical.

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Tuesday
May162017

World Bank debars India infrastructure firm

The World Bank Group announced the debarment Monday of Feedback Infra Pvt. Ltd. and five of its affiliates for one year.

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Thursday
May112017

World Bank debars China construction companies, Romania medical equipment supplier

The World Bank announced the debarment of two China construction companies and a medical equipment supplier in Romania.

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Tuesday
May022017

World Bank appoints new Integrity chief

The World Bank Group announced the appointment of Pascale Helene Dubois as Vice President for Integrity.

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Wednesday
Apr192017

Event: Global Investigations Breakfast at Freshfields (DC - April 21)

The partners of Freshfields Bruckhaus Deringer are inviting readers of the FCPA Blog to a Global Investigations breakfast to discuss resolving fraud and corruption investigations by the World Bank and Inter-American Development Bank related to the more than $71 billion in corporate contracts they fund each year.

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Wednesday
Apr122017

Canada charges businessman with overseas bribery conspiracy 

The Royal Canadian Mounted Police (RCMP) charged the head of a commercial aircraft company with conspiring to bribe military officials in Thailand. The alleged conspiracy is connected to a deal involving aircraft from the Thailand national airline.

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Tuesday
Apr112017

World Bank debars Denmark engineering firm for Vietnam, Indonesia bribes

The World Bank Group announced the debarment of Consia Consultants ApS for 14 years for fraud and corruption. Consia’s Managing Director was also debarred for three and a half years.

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Wednesday
Mar222017

Hamid Sharif: Asian Infrastructure Investment Bank takes strong stance against corruption

There are commonalities across the sanction regimes of multilateral development banks (MDB). All have clearly articulated prohibited practices, investigation and sanction procedures, often including an array of possible sanctions and appeals process.

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Monday
Feb272017

The BOTA Foundation Revisited -- Part Two: BOTA – A Quick Recap

The agreement to start the Foundation emerged in 2007 after more than two years of discussion between the Governments of the United States, Switzerland and Kazakhstan (known as “the Parties”) about the disposition of $84 million, plus interest, that had been frozen in a Swiss account since 1999. 

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