The World Bank Group debarred 78 firms and individuals during fiscal year 2018 and opened 68 new investigations into allegations of misconduct in bank-funded projects.
The bank also recognized 73 cross debarments from other multilateral development banks during the year, according to a report published this month.
There are five types of sanctionable practices while participating in a World Bank-funded project — fraud, corruption, collusion, coercion, or obstruction.
Fifteen firms and individuals were released from sanctions during the year and became eligible to work on bank-funded projects again, the Sanctions System Annual Report FY18 (pdf) said.
The bank’s Integrity (INT) Vice President is Pascale Hélène Dubois. She’s a Belgium national, a lawyer, and a Certified Fraud Examiner.
Before her appointment in mid 2017, she was the World Bank’s Chief Suspension and Debarment Officer.
During FY2018, the INT staff worked on 390 projects in which the World Bank had committed about $2.2 billion in funding.
“The [Integrity] team also trained approximately 1,650 people over the course of the year and provided advisory services in 28 countries,” the report said.
Other multilaterial development banks that recognize cross-debarments are 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.