The World Bank debarred a Chinese information technology firm Wednesday for providing a fake certificate for technical equipment needed on a traffic control project in China.
Jiangsu Zhidehuatong Information Technology Co., Ltd. was debarred 15 months for “fraudulent practices.”
The company — also known as Jiangxu T-Radar Technology Co. Ltd., or TRACHTECH — is based in Wuxi City, Kiangsu Province.
It committed the offenses while working on the $210 million Hubei Xiangyang Urban Transport Project. The World Bank financed $100 million of the project.
TRACHTECH falsified a certificate “related to technical equipment that it hoped to supply to a bidder” on a contract for traffic monitoring and traffic management that was part of the project, the World Bank said.
“The falsified certificate was designed to mislead procurement authorities and imply that the bidder met the project’s tender requirements.”
During the debarment, TRACHTECH is ineligible to participate in World Bank-financed projects.
The bank said it reduced the debarment period because the company cooperated and took remedial actions.
The debarment qualifies for cross-debarment by the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, and the African Development Bank.
A list of all World Bank debarred entities and individuals is here.
Richard L. Cassin is the publisher and editor of the FCPA Blog.