PRESS RELEASE

World Bank Debars R&T sh.p.k. For Two Years

March 25, 2015

WASHINGTON, March 25, 2015— The World Bank Group today announced the debarment of R&T sh.p.k. for a period of 24 months following the company’s acknowledgment of fraudulent practices in relation the World Bank-financed Social Services Delivery Project in the Republic of Albania.

The sanction is part of a Negotiated Resolution Agreement under which the company acknowledged its fraudulent conduct. An investigation by the World Bank Integrity Vice Presidency revealed that R&T sh.p.k. submitted a false Manufacturer’s Authorization Form to win a bid for an equipment procurement contract in 2012.

Under the Agreement, R&T sh.p.k. commits to cooperating with the World Bank Integrity Vice Presidency as well as adopting a compliance program that meets World Bank compliance principles.

The debarment of R&T sh.p.k. qualifies for cross-debarment by other MDBs under the Agreement of Mutual Recognition of Debarments that was signed on April 9, 2010.



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


PRESS RELEASE NO:
2015/362/INT

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