World Bank debars China infotech firm

World Bank debars China infotech firm

The World Bank debarred a Chinese information technology firm Wednesday for providing a fake certificate for technical equipment needed on a traffic control project in China.

Jiangsu Zhidehuatong Information Technology Co., Ltd. was debarred 15 months for “fraudulent practices.”

The company — also known as Jiangxu T-Radar Technology Co. Ltd., or TRACHTECH — is based in Wuxi City, Kiangsu Province.

The FCPA Blog

http://www.fcpablog.com/blog/2018/8/1/world-bank-debars-china-infotech-firm.html