World Bank debars two companies in separate actions –
The World Bank
debarred a Spanish engineering company Thursday for cheating on a bid and lying about its work progress.
Ingeniería Especializada Obra Civil e Industrial S.A.U. was debarred for 28 months.
The World Bank
said the company engaged in “corrupt, collusive and fraudulent practices” in connection with the bank-financed National Roads and Airport Infrastructure Project in Bolivia.
At the time of the misconduct the firm’s name was Acciona Ingeniería S.A. It operated in Bolivia through a branch office.
During bidding for work
intended to improve safety and security at Bolivia’s Rurrenabaque Airport,
the Spanish company arranged “to replace a bid form following bid submission,” the World Bank said.
After winning the contract, the company approved certificates inflating the progress of its work.
The 28-month debarment qualifies for cross-debarment by
the Asian Development Bank,
the European Bank for Reconstruction and Development,
the Inter-American Development Bank, and
the African Development Bank.
The FCPA Blog
https://www.fcpablog.com/blog/2019/9/12/world-bank-debars-two-companies-in-separate-actions.html