by AdrianaAMLP | Nov 10, 2024
An Oxfam audit of the World Bank’s 2017-2023 climate finance portfolio found that between $24 billion and $41 billion in climate finance went unaccounted for between the time projects were approved and when they closed.
by Jyotsna Bucktowar | Jun 10, 2024
Interyer Inşaat was accused of misrepresenting its past work experience and financial performance in a bid for a wastewater treatment plant and canal construction contract by the World Bank, imposing a 2 years and 8 months debarment…
by Jyotsna Bucktowar | Jun 9, 2024
Marseille will be excluded from World Bank-financed operations and projects during the debarment period due to its misconduct and compliance obligations. The company will implement an integrity compliance program and cooperate with World Bank...
by Jyotsna Bucktowar | Dec 10, 2023
The World Bank debarred a Botswana-based civil engineering company and its managing director Wednesday for fraudulent practices connected to projects in Zambia and Tanzania. Multi-Tech Consult (PTY) LTD (MTC) is ineligible to participate in projects…
by Jyotsna Bucktowar | Oct 19, 2023
This report aims to guide the policy makers in World Bank client jurisdictions in continuously improving their assessments and understandings of money laundering and terrorist financing risks in their jurisdictions. The report attempts to draw lessons mainly...
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