Search

Editors

Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

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

Bill Steinman Contributing Editor

Aarti Maharaj Contributing Editor


Connect
FCPA Blog Daily News

Entries in debarment (47)

Tuesday
May162017

World Bank debars India infrastructure firm

The World Bank Group announced the debarment Monday of Feedback Infra Pvt. Ltd. and five of its affiliates for one year.

Click to read more ...

Thursday
May112017

World Bank debars China construction companies, Romania medical equipment supplier

The World Bank announced the debarment of two China construction companies and a medical equipment supplier in Romania.

Click to read more ...

Wednesday
Apr192017

Event: Global Investigations Breakfast at Freshfields (DC - April 21)

The partners of Freshfields Bruckhaus Deringer are inviting readers of the FCPA Blog to a Global Investigations breakfast to discuss resolving fraud and corruption investigations by the World Bank and Inter-American Development Bank related to the more than $71 billion in corporate contracts they fund each year.

Click to read more ...

Tuesday
Apr112017

World Bank debars Denmark engineering firm for Vietnam, Indonesia bribes

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.

Click to read more ...

Wednesday
Mar222017

Hamid Sharif: Asian Infrastructure Investment Bank takes strong stance against corruption

There are commonalities across the sanction regimes of multilateral development banks (MDB). All have clearly articulated prohibited practices, investigation and sanction procedures, often including an array of possible sanctions and appeals process.

Click to read more ...

Monday
Oct242016

World Bank debars Vietnam construction firm

The World Bank Group debarred Minh Anh Construction Joint Stock Company for misrepresenting facts during a project bid in Vietnam.

Click to read more ...

Thursday
Oct202016

Development Bank Officials Share Insights on Managing Corruption Risks and Investigations 

Freshfields partner Dan BraunThe World Bank and other multilateral development banks (MDBs) fund more than $117 billion in projects each year. While not regulators, they have unique powers to investigate and punish companies for misconduct, like fraud and corruption, in the projects they finance.

Click to read more ...

Wednesday
Oct122016

World Bank debars AC Boilers SpA after Egypt bids

The World Bank Group Tuesday debarred AC Boilers SpA and two affiliates for nine months for violating integrity guidelines during bids in Egypt.

Click to read more ...

Monday
Oct102016

World Bank sanctioned 58 entities this year, longest debarment was 22.5 years

Last Friday, we released our 2016 Annual Update which outlines how we have countered the threat of corruption on behalf of the World Bank, the collective effort of 83 dedicated staff in Washington, DC and countless partners around the world. 

Click to read more ...

Tuesday
Jun212016

New ISDC debarment report: Diversifying the government toolbox to protect taxpayer dollars

Last week, the U.S. Interagency Suspension & Debarment Committee (ISDC) released its FY2015 report. The annual report to Congress describes the status of the U.S. suspension and debarment system. 

Click to read more ...

Wednesday
Dec022015

African Development Bank debars Hitachi for South Africa bribes

The African Development Bank Group said Wednesday it reached a settlement with Hitachi Ltd. that includes a one-year debarment for sanctionable practices by Hitachi subsidiaries on an AfDB-financed power project in South Africa.

Click to read more ...

Tuesday
Oct272015

The Big Ban: Let's use debarment and exclusion to promote personal deterrence

In a New York Times op-ed, former assistant U.S. attorney Eric Havian recommended using better methods to deter corporate misbehavior. "Exclusion," he said, "needs to be dusted off, modernized and used more frequently.”

Click to read more ...