WORLD BANK DEBARS A SPANISH ENGINEERING SERVICES COMPANY FOR COLLUSIVE, CORRUPT, AND FRAUDULENT PRACTICES RELATED TO PROJECTS IN VIETNAM

On 3 March, a post on the FCPA Blog reported that World Bank had debarred a Spanish engineering services company for 3½ years for collusive, corrupt, and fraudulent practices related to 2 projects in Vietnam.  The company is Grupo Mecánica del Vuelo Sistemas SAU, a subsidiary of Spanish international technology group GMV.

https://fcpablog.com/2021/03/03/world-bank-hits-spanish-engineering-firm-with-long-debarment/

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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