World Bank Debars German Manufacturer for Fraud, Collusion, and Corruption
The World Bank has issued a 30-month debarment against German water maintenance equipment manufacturer Berky GmbH and five subsidiaries, in connection with fraud, collusion, and corruption in a $100 million project to improve management and development of the Ayeyarwady River Basin and national water resources in Myanmar.
🔒 Members Only · Compliance & Enforcement BriefYou’ve reached the member portion of this brief.Members read the full analysis and the source documents in every Brief, six days a week.