The World Bank debarred an Indian construction services company Wednesday for faking past experience in the bidding process for a road project in India.
M/s Om Sakthi Constructions “submitted a fraudulent certificate of past experience in its bid” for a highway construction contract, the World Bank said.
The 15 month debarment is for “fraudulent practices” related to the Second Tamil Nadu Road Sector Project in India.
The World Bank financed $300 million of the $780 million project.
“The project was designed to improve rural accessibility in areas covering 26 districts and strengthen institutional capacity for sustainable rural road maintenance in Tamil Nadu, India,” the World Bank said.
The company acknowledged responsibility for the offenses and agreed to cooperate with the Integrity Vice Presidency.
During the debarment, Om Sakthi is ineligible to participate in World Bank-financed projects.
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.
Harry Cassin is the managing editor of the FCPA Blog.