The World Bank Group has done much work in recent years to improve its agility in operations to work smarter for greater results for our clients. The institution’s Sanctions System has been no exception.… Continue Reading
Posts Tagged: Sanctions Board
The World Bank debarred 267 firms and individuals last year, including cross debarments, in a big jump from prior years. … Continue Reading
As the world’s leading international development organization, the World Bank Group has committed to embracing diversity and inclusion in its work and workplace, and it has taken a zero-tolerance policy toward racism and any other form of discrimination.… Continue Reading
The prior post described the World Bank’s procedures for handling allegations of fraud in Bank-financed projects. This post looks at the types of evidence and mitigating factors that can be part of a decision to impose sanctions.… Continue Reading
Since 2001, the World Bank has sanctioned more than 400 firms and individuals. Let’s look at how that happens.
When there’s a complaint against a firm or individual involved in a World Bank-funded project, the Bank’s Integrity Vice Presidency (INT) investigates the allegations.… Continue Reading