News & Analysis as of

Collusion Suspensions & Debarments

Orrick, Herrington & Sutcliffe LLP

Multilateral Development Bank Issues Debarment Notice for Collusive and Obstructive Practices in Connection with the China Yunnan...

The Yunnan Highway Asset Management Project (the “Project”) was a c.$224 million infrastructure project intended to improve Yunnan’s trunk highway asset management capacity and provide a better level of service to trunk...more

Hogan Lovells

World Bank investigations spike and highlight integrity risks in private sector development finance

Hogan Lovells on

Ignoring integrity risks in emerging markets when receiving financing from the World Bank Group (WBG) is about to become much riskier, as the WBG Sanctions System Annual Report for Fiscal Year 2022 (FY22) indicates. The...more

King & Spalding

Continued Anti-Corruption Enforcement by Multilateral Development Banks Highlights Risks for Non-Compliant Companies

King & Spalding on

Recent debarments of contractors by the World Bank underscore the need for entities working under multilateral development bank (“MDB”) contracts to implement effective anti-corruption project finance mitigation strategies...more

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