The World
Bank announced on Tuesday its debarment of three companies and one individual
for punishable practices under WB-financed water supply projects in Vietnam and
Indonesia.
"This
settlement shows the Bank’s work on integrity is resilient while we support
companies to clean up their operations and therefore enforcing international
compliance standards," said Leonard McCarthy, integrity vice president at
the World Bank.
According
to allegations, SECO engaged in a scheme to defraud World Bank clients and has
been declared ineligible to participate in Bank Group-financed projects for the
next five years.
KBR Pty, an
Australian subsidiary of KBR Inc, was debarred for a period of two years with
conditional release following an investigation by the Bank’s Integrity Vice
Presidency (INT) into violations of the Consultant’s Guidelines under a local
Bank-financed water supply project. KBR Pty misrepresented the availability of
key consultants during contract negotiation and execution, which resulted in
the company being awarded the contract and delays in execution.
Following
the terms of the agreement KBR Inc will also implement remedial measures to its
corporate compliance program to comply with the World Bank Compliance
standards.
The World
Bank also debarred Indonesian PT Amythas Experts and Associates for a period of
three years for fraudulent practices in relation to a World Bank-financed
community development and poverty alleviation project.
"We
have to act with ever more vigilance when it comes to rooting out fraud and
corruption," said McCarthy.
Amythas
Experts will be required to implement a corporate compliance program in line
with World Bank standards and meet other conditions as part of the settlement
under the debarment that became effective on December 7. The period of
debarment could be shortened if the company meets additional conditions of
restitution and disclosure.
The three
companies cannot be awarded a contract, or otherwise participate in new
activities under World Bank Group-financed or executed projects during the
debarment period.
They are
eligible for cross debarment under the April 2010 Agreement for Mutual
Enforcement of Debarment Decisions entered into by the African Development Bank
Group, the Asian Development Bank, the European Bank for Reconstruction and
Development, the World Bank Group and the Inter-American Development Bank
Group.
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