World Bank Blacklists 45 Contractors
The World Bank said Wednesday it had blacklisted 45 more companies and individuals last year afor corruption activities. For the year, the World Bank initiated 117 investigations last year which resulted in 45 debarments of firms and individuals “for engaging in wrongdoing.” Under a cross-debarment pact signed last year, firms debarred by the World Bank are also automatically denied contracting opportunities at other multilateral development...