INTER-AMERICAN DEVELOPMENT BANK (IDB) HAS DEBARRED A BELGIAN ENGINEERING AND CONSULTANCY COMPANY FOR 3 YEARS AND 10 MONTHS FOR FRAUDULENT AND CORRUPT PRACTICES

On 29 November, the FCPA Blog reported that Brussels-based Tractebel Engineering SA is ineligible to participate in projects and operations financed by the IDB (or the World Bank and other development banks) during the 46-month debarment.  The debarment relates to a project in Haiti.

https://fcpablog.com/2021/11/29/idb-debars-belgium-engineering-company-for-fraud-and-corruption/

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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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