Topic: Multilateral development banks

The power and communication company, PCS Limited, claimed subsidies on a non-subsidised item and knowingly misled World Bank officials, the bank said.

31 March 2023

The OM accuses the Dutch medical company DRC and two employees of bribing a former World Bank consultant who was convicted of corruption by a London court in 2017.

21 February 2023

The African Development Bank’s integrity unit said Entreprise de Commerce et de Construction Immobilière falsified documents in its bid for a construction project in the buildings that host the bank.

16 August 2022

Copasa do Brasil is the second company to be debarred for its involvement in a million-dollar bribe to a public official in a road construction project in São Paulo.

12 August 2022

The Inter-American Development Bank debarred Construcap CCPS Engenharia e Comércio (Construcap) for 18 months for paying $1 million in bribes related to a road construction project.

06 July 2022

A DC federal appeals court ruled that the Inter-American Development Bank’s debarment of two businessmen does not constitute commercial activity.

15 June 2022

The World Bank banned a Nigerian consultancy and its managing director from participating in projects financed by the Bank over corrupt payments made on an environmental project.

23 February 2022

Iris Bennett is one of two Smith Pachter McWhorter partners to recently leave the firm’s white-collar defence and investigations practice.

24 January 2022

Three companies settled with the World Bank over their conduct on a project to develop two airports in Madagascar.

04 January 2022

The World Bank’s anti-corruption unit hopes the use of overseas investigators will lead to better intelligence gathering and closer ties with local authorities.

10 December 2021