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Home > Acquisitions > World Bank Group Sanctions System Maintains its Anticorruption Mission, Despite Unprecedented Challenges in Fiscal Year 2020
Oct13 - 20

World Bank Group Sanctions System Maintains its Anticorruption Mission, Despite Unprecedented Challenges in Fiscal Year 2020

WASHINGTON, October 9, 2020 — The World Bank Group today reasserted its commitment to fighting corruption and safeguarding development resources, illustrating in its Sanctions System Annual Report how the institution maintained continuity in its mission to investigate and adjudicate allegations of fraud and corruption in World Bank Group-financed activities, despite unprecedented challenges.

The report, which is prepared jointly by the Integrity Vice Presidency (INT), the Office of Suspension and Debarment (OSD), and the Sanctions Board, is an overview of the World Bank Group’s Sanctions System and the activities of its component units over the past year. Read the complete article HERE.

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