World Bank Sanctions Report: No Project Financing For Wrongdoers

The World Bank’s Office of Suspension and Debarment published its second report on the Bank’s sanctions system on 15 April 2016. It shows a continued effort in excluding unqualified, fraudulent and corrupt parties from World Bank-financed projects. The Bank also emphasizes the importance of having robust compliance programmes in place. The report further refers to the wider effect of Bank-issued sanctions, as these effects may extend to other multilateral development banks and governments involved.

The World Bank's suspensions and debarment system aims to exclude wrongdoers from projects financed by the Bank and serves as checks and balances in sanctions cases selected by the Bank's Inspection Panel. This sanctions systems thus prevents "unqualified, fraudulent or corrupt contractors" from participating in the Bank's projects.