RESULTS FOR: World Bank
November 11, 2020 | Compliance Financial Crime Consulting
In its recently issued Sanctions Systems Annual Report FY 2020, the World Bank Group (WBG) confirmed its commitment to investigate and sanction corruption and fraud occurring in bank-financed projects, despite the unprecedented challenges of the COVID-19 pandemic. The report, co-authored by the Integrity Vice Presidency (INT), the Office of Suspension and Debarment (OSD), and the Sanctions Board, revealed little coronavirus-related slowdown in the WBG’s enforcement activities. To the contrary, the bank’s in-house investigatory teams initiated roughly the same number of … Read More