World Bank debars Denmark engineering firm for Vietnam, Indonesia bribes
Richard L. Cassin
April 11, 2017
The World Bank Group announced the debarment of Consia Consultants ApS for 14 years for fraud and corruption. Consia’s Managing Director was also debarred for three and a half years.
The World Bank’s Integrity Vice Presidency said in a statement that it found evidence that Denmark-based Consia “made payments to officials to influence the contract awards in and failed to disclose its agreement and commissions paid to its agent in connection with the World Bank-financed Strategic Road Infrastructure Project in Indonesia.”… Continue Reading