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