On 22 March, the FCPA Blog reported that Construtora COESA S.A. (formerly known as Construtora OAS S.A.) and 26 of its subsidiaries are ineligible to participate in projects and operations financed by the IDB during the 36-month debarment. The decision also means the the company is debarred by the World Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, and the African Development Bank.
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