World Bank Announces Two Debarments for “Fraudulent Practices”

The World Bank has debarred Colombian construction services firm CASS Constructores S.A.S. for 18 months for misconduct related to the Río Bogotá Environmental Recuperation and Flood Control Project. CASS “knowingly misrepresented the composition and the roles within a consortium of three companies that ultimately won a World Bank-financed contract,” according to the bank’s release. Separately, […]
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