Pursuant to Sanctions Board Decision No. 120 issued in Sanctions Case No. 508, the Sanctions Board imposes sanctions of debarment on M/s Techfab International Pvt. Ltd. (the “Respondent Firm”) and Mr. Nakul Gupta (the “Individual Respondent”) (together, the “Respondents”). The Respondent Firm is debarred with the possibility of conditional release after a minimum period of ineligibility of three (3) years and five (5) months. The Individual Respondent is debarred for a period of nine (9) months.
These sanctions are imposed on the Respondent Firm for fraudulent practices, and on the Individual 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) and Paragraph 1.16(a)(ii) of the World Bank’s Guidelines: Procurement of Goods, Works, and Non-Consulting Services under IBRD Loans and IDA Credits & Grants by World Bank Borrowers (January 2011).
Capsule Summary of Findings:
The Respondent Firm was found liable for submitting falsified manufacturer authorization letters in order to meet tender requirements and qualify for the award of contracts. In addition, the Respondents were found liable for recklessly failing to disclose the Respondent Firm’s agreement to pay an agent in connection with a tender. In selecting the appropriate sanction for 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.