World Bank announces three new debarments
The World Bank announced the debarments of
Indonesian, Sujainco
Chinese, CRFG
Spanish AISA
companies Wednesday in three unrelated actions.
PT. Suburo Jayana Indah Corp. (Sujainco)
was debarred for two years for “fraud and collusion” on the World Bank funded Water Resources and Irrigation Sector Management Program (Phase II) project in Indonesia.
Privately-owned Sujainco is ineligible to participate in World Bank-financed projects during the 24-month debarment.
Chinese state-owned construction company China Railway First Group Co. Ltd. (CRFG)
was debarred for two years because of “fraudulent practices” related to the Dasu Hydropower Stage I Project in Pakistan.
CRFG engaged in multiple misrepresentations during the bidding process for four contracts, two of which it won in 2015.
The Chinese company failed to disclose subcontracted work, a subcontractor, and an agent it used in bidding for one of the contracts.
The World Bank also announced the one-year debarment of Spanish company Aqualia Intech S.A. (AISA) for a “fraudulent practice” in the design and construction of hydraulic infrastructure in Colombia.
AISA is ineligible to participate in World Bank-financed projects during the 24-month debarment.
The FCPA Blog
https://www.fcpablog.com/blog/2019/9/18/world-bank-announces-three-new-debarments.html