Inside World Bank’s New Report On Fraud And Corruption
Johann Strauss On Oct. 7, 2016, the Integrity Vice Presidency (INT) of the World Bank Group released its annual report for fiscal year 2016. In the report, INT provides insight into the bank’s efforts to combat fraud, corruption and other sanctionable practices in bank-funded projects through its enforcement activities in the preceding fiscal year. These enforcement activities include investigations into allegations of sanctionable activities committed by firms, individuals, agents and World Bank staff; and the imposition of sanctions, such as debarment (i.e.,...
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