A post on the FCPA Blog on 16 September advised that the World Bank debarred a publicly-traded Spanish engineering and construction company FCC Construcción SA and 36 global subsidiaries for 2 years for fraud and collusion involving a project in Colombia. They are ineligible to participate in World Bank-financed projects during the 2-year debarment. The debarment also applies to projects involving the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, and the African Development Bank.
raytodd.blog 