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NEWS October 16, 2012

Issuance of Sanctions Board Decision No. 54

Pursuant to Sanctions Board Decision No. 54, the Sanctions Board imposes a one-year debarment on the Respondent in Sanctions Case No. 174 (the "Respondent") for engaging in fraudulent practices by submitting forged documents in support of its bid under a Bank-financed project, without any verification efforts or controls designed to ensure the documents’ authenticity.​