World Bank Integrity Vice Presidency Continues Robust Enforcement in 2020

On October 8, 2020, the World Bank Group (“WBG”) issued its Sanctions System Annual Report for the fiscal year 2020 (the “Report”), detailing the WBG’s efforts to investigate and adjudicate allegations of sanctionable practices by firms and individuals in WBG-financed contracts. In the fiscal year 2020, the WBG temporarily suspended 30 firms and 8 individuals and debarred 46 firms and individuals......
By: King & Spalding

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