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NEWS October 24, 2014

Issuance of Sanctions Board Decision No. 74

Pursuant to Sanctions Board Decision No. 74 issued in Sanctions Case No. 201, the Sanctions Board imposes a sanction of debarment on CAA Communications and Accessories AG (the “Respondent”), together with any entity that is an Affiliate directly or indirectly controlled by the Respondent, with the possibility of conditional release after a minimum period of two (2) years. This sanction is imposed on the Respondent for fraudulent practices as defined in Paragraph 1.14(a)(ii) of the World Bank’s Guidelines: Procurement under IBRD Loans and IDA Credits (May 2004), and Paragraph 1.14(a)(ii) of the World Bank’s Guidelines: Procurement under IBRD Loans and IDA Credits (May 2004, revised October 2006). 





Contact Sanctions Board

The World Bank 1818 H Street, N.W., MSN G 5‐503, Washington, D.C. 20433, U.S.A.
sanctionsboard@worldbank.org