Skip to content


Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

World Bank debars Shenzhen-listed electrical engineering firm

The World Bank debarred a Chinese electrical engineering company Wednesday for 15 months for “fraudulent practices” involving a project in Liberia.

Dongfang Electronics Co. Ltd. (Dongfang), which provides electrical engineering, manufacturing, and R&D services, is ineligible to participate in World Bank-financed projects during the 15-month debarment.

Dongfang falsified two letters during the bidding process, claiming that an equipment manufacturer had authorized Dongfang to supply and install equipment, which is a fraudulent practice, the World Bank said

Shenzhen-listed Dongfang didn’t win the contract.

The $60 million Liberia Accelerated Electricity Expansion Project Additional Financing was designed to increase access to electricity and strengthen institutional capacity in the West African country’s electricity sector.

As a condition of the settlement, Dongfang committed to developing an integrity compliance program consistent with the principles set out in the World Bank Group Integrity Compliance Guidelines and to continue fully cooperating with the World Bank Group Integrity Vice Presidency.

Wednesday’s 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 publisher and editor of the FCPA Blog.

Share this post


Comments are closed for this article!