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NEWS June 16, 2014

Issuance of Sanctions Board Decision No. 68

Pursuant to Sanctions Board Decision No. 68 issued in Sanctions Case No. 194, the Sanctions Board imposes a sanction of reprimand on the Respondent as a result of the Respondent’s fraudulent practices as defined in Paragraph 1.15(a)(ii) of the World Bank's Guidelines: Procurement under IBRD Loans and IDA Credits (January 1995, revised in January and August 1996, September 1997, and January 1999). The sanction is imposed by means of a formal letter of reprimand to be posted on the World Bank’s website for a period of one (1) month.