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NEWS December 15, 2020

Issuance of Sanctions Board Decision No. 129

Pursuant to Sanctions Board Decision No. 129 issued in Sanctions Case No. 546, the Sanctions Board imposes a sanction of debarment with conditional release after a minimum period of one year and three months on the company Aktor Technical Société Anonyme (the “Respondent”).

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 of Goods, Works, and Non-Consulting Services under IBRD Loans and IDA Credits & Grants by World Bank Borrowers (May 2010).

Capsule Summary of Findings:

The Respondent was found liable for engaging in a fraudulent practice by knowingly misrepresenting to the Bank and the Borrower its intended role in the implementation of a Bank-financed contract. This misrepresentation was made during the prequalification, bid, and contract execution stages. In selecting the appropriate sanction for the Respondent, 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.