Skip to Main Navigation
NEWS October 10, 2014

Issuance of Sanctions Board Decision No. 73

Pursuant to Sanctions Board Decision No. 73 issued in Sanctions Case No. 91, the Sanctions Board imposes a sanction of debarment on the Respondent Director, for a period of six (6) months. This sanction is imposed for a fraudulent practice 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). Pursuant to the same decision, the Sanctions Board finds insufficient evidence to conclude that it is more likely than not that a second respondent in this case (the “Respondent Firm”) engaged in the alleged fraudulent practices, and therefore declares that the sanctions proceedings against the Respondent Firm are terminated.