In 2010, five multilateral donors, the World Bank, Inter-American Development Bank, African Development Bank, European Bank for Reconstruction and Development, and the Asian Development Bank, signed an agreement on the mutual enforcement of debarments. This agreement allows donors to share information on debarred companies and individuals, often resulting in cross-debarment by other donors.
- If a donor is notified of an allegation of corruption, fraud, or coercive or collusive practices by a firm or individual involved with one of its projects, the donor will investigate the allegation.
- If the allegation of misconduct is confirmed, the donor will move to debar the individual and/or company.
- Any individual or company debarred by the donor will be prohibited from bidding for all projects financed by the said donor for the duration of the debarment.
- The donor may choose to refer their findings to the relevant judicial authorities for potential prosecution.
Locating Sanctioned Organisations:
Locating Sanctioned Individuals: