Topic: Multilateral development banks

MDB anti-corruption teams focus on covid-19 funds

“When you go from $60 billion to up to $160 billion, it sounds like an environment for increased fraud and corruption,” said one former World Bank official.

01 June 2020

Inter-American Development Bank grows as enforcer

The Inter-American Development Bank has recently been prioritising “high-impact” cases and developing new relationships with government enforcement agencies.

26 May 2020

Our enforcement approach is changing, says ADB anti-corruption chief

The Asian Development Bank has become more flexible in what punishments it hands out to misbehaving companies, the organisation’s anti-corruption chief said in an interview.

18 May 2020

World Bank anti-corruption chief left amid internal tensions

The sudden departure of Pascale Dubois in November is emblematic of problems at the organisation’s enforcement arm.

26 February 2020

Alstom-linked bribery leads to record development bank ban

The European Bank for Reconstruction and Development imposed its longest-ever debarment after a joint probe with the UK SFO into historic bribery at a Swedish power company.

28 November 2019

FCPA felon appeals sentence over ‘fundamental procedural error’

In appealing a Pennsylvanian businessman’s five-year sentence for foreign bribery, defence counsel criticised the judge who handed down the prison term.

24 January 2018

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