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...
by Jyotsna Bucktowar | Oct 18, 2023
The World Bank debarred HTC for a period of 41 months, in connection with fraudulent and obstructive practices linked to multiple World Bank-financed projects in Vietnam. HTC misrepresented its financial statements and inflated the values of its past contracts to...
by AdrianaAMLP | Oct 9, 2023
This report documents how the offices of the World Bank’s sanctions system worked in FY23 to help ensure that the Banks’s funds are used in a transparent and accountable manner and only for their intended purposes.
by AdrianaAMLP | Dec 13, 2021
IMF-World Bank proposes a draft framework for ML/TF risk assessment in remittance corridors having the potential of being identified as safe remittance corridors. It provides a contribution to the FSB’S Roadmap for Enhancing Cross-Border Payments…
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