PRESS RELEASE

World Bank Group Debars iC Consulenten Ziviltechniker GmbH for One Year for Fraudulent Practices

December 23, 2014

WASHINGTON, December 23, 2014—On December 23, 2014, the World Bank Group announced the debarment of iC Consulenten Ziviltechniker GmbH for a period of one year for submitting false documents while bidding for consulting services in support of the Project Preparation Technical Assistance Facility Subproject for the Ho Chi Minh City Environmental Sanitation Project Phase 2 in Vietnam. During the course of the investigation, the company took disciplinary action against staff involved in the misconduct.

We are pleased with the outcome of this case. The company’s acknowledgement of misconduct and their proactive efforts to address gaps in their compliance culture is a positive and welcome step on their part,” said Leonard McCarthy, World Bank Integrity Vice President.Fraud is a major risk to development projects and those responsible should be held accountable for their actions.

This debarment is part of a Negotiated Resolution Agreement (NRA) and may be reduced to a period of six months upon satisfactory fulfillment of the World Bank’s Integrity Compliance principles along with evidence of the company’s commitment to changing its corporate compliance culture and cooperation with the World Bank Integrity Vice Presidency.



Media Contacts
In Washington
Dina El Naggar
Tel : (202) 473-3245,
delnaggar@worldbank.org
For Broadcast Requests
Mehreen Sheikh
Tel : (202) 458-7336
msheikh1@worldbankgroup.org


PRESS RELEASE NO:
2015/267/INT

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