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FCPA Blog Daily News

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Wednesday
Aug142019

World Bank debars Chinese construction company

The World Bank debarred a Chinese construction company Wednesday for 15 months for a "fraudulent practice" involving a project in Samoa.

Beijing Jingold Construction Co., Ltd (BJC) is ineligible to participate in World Bank-financed projects during the 15-month debarment.

BJC had a history of contract non-performance at the time of bidding, but knowingly misrepresented this fact when it bid on a contract to provide airport infrastructure, which is a fraudulent practice, the World Bank said

The $38 million World Bank funded project was designed to improve operational safety and oversight of international air transport and associated infrastructure in Samoa.

BJC didn't ultimately win the contract.

Also listed in the debarment for the same period as the parent are Beijing Jingold Sunshine Engineering Technology Co., Ltd. and Beijing Jingold Airport Construction (Liaoning) Co.

As a condition of the settlement agreement, BJC committed to continue to fully cooperate with the World Bank Group Integrity Vice Presidency. 

Wednesday's debarment qualifies for cross-debarment by the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, and the African Development Bank.

A list of all World Bank debarred entities and individuals is here.

____

Harry Cassin is the publisher and editor of the FCPA Blog.

Reader Comments (1)

Wouldn't it be easier to debar all Chinese companies and lift the ban on those that prove that are innocent? Bribing is part of their business model (Please censor man, do not cave in to the politically correct urge to say that I am profiling).
August 14, 2019 | Unregistered CommenterDenis

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