Pursuant to Sanctions Board Decision No. 106 issued in Sanctions Case No. 433, the Sanctions Board imposes a sanction of debarment on the Respondent for a period of three (3) months.
This sanction is imposed on the Respondent for a fraudulent practice as defined in Paragraph 1.14(a)(ii) of the World Bank’s Guidelines: Procurement under IBRD Loans and IDA Credits (May 2004, revised October 1, 2006, and May 1, 2010).
Capsule Summary of Findings:
The Respondent was found liable for a fraudulent practice in misrepresenting the planned commission for a local agent in its bid for a contract under the Bangladesh Health Sector Development Program. In determining the appropriate sanction for the Respondent, the Sanctions Board took into account all relevant aggravating and mitigating factors. Full discussion of the facts, parties’ contentions, and the Sanctions Board’s analysis can be found in the published decision.