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NEWS November 14, 2018

Issuance of Sanctions Board Decision No. 113

​Pursuant to Sanctions Board Decision No. 113 issued in Sanctions Case No. 474, the Sanctions Board imposes sanctions of reprimand on the Respondent Firm and the Respondent Managing Director (together, the “Respondents”) by means of a formal letter of reprimand to be posted on the World Bank’s website for a period of six (6) months.

These sanctions are imposed on the Respondents for a collusive practice as defined in Paragraph 1.22(a)(iii) of the World Bank’s Guidelines: Selection and Employment of Consultants by World Bank Borrowers (May 2004, revised October 1, 2006) (the “October 2006 Consultant Guidelines”) and Paragraph 1.22(a)(iii) of the World Bank’s Guidelines: Selection and Employment of Consultants by World Bank Borrowers (May 2004, revised October 1, 2006, and May 1, 2010) (the “May 2010 Consultant Guidelines”).

Capsule Summary of Findings:

The Respondents were found liable for participating in an arrangement through which they received and used confidential information in order to stifle open competition for a Bank-financed contract. In selecting the appropriate sanction for each of the Respondents, the Sanctions Board took into account all relevant aggravating and mitigating factors. Full discussion of the facts, allegations, and the Sanctions Board’s analysis can be found in the published decision.





Contact Sanctions Board

The World Bank 1818 H Street, N.W., MSN G 5‐503, Washington, D.C. 20433, U.S.A.
sanctionsboard@worldbank.org