WORLD BANK DEBARS VIETNAMESE COMPANY FOR FRAUD

On 18 August, the FCPA Blog carried a post advising that the World Bank had debarred a Vietnamese construction company, Newstech Trading and Investment Construction Joint Stock Company, for 2½ years for a fraudulent practices connected to a project in Vietnam.

https://fcpablog.com/2021/08/18/world-bank-debars-vietnamese-company-for-fraud/

The post also provided a link to all current World Bank debarments –

http://www.worldbank.org/en/projects-operations/procurement/debarred-firms

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off 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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