{{The World Bank Group has placed a ban on Zoomlion Ghana Limited for two years over alleged bribery in Liberia.}}<\/p>\n
The bribery allegation involved the World Bank-financed Emergency Monrovia Urban Sanitation Project.<\/p>\n
According to a report published on the World Bank’s website, Zoomlion paid bribes to facilitate contract execution and processing of invoices.<\/p>\n
Accordingly, Zoomlion will not qualify for any contract financed by the World Bank Group for a period of two years.<\/p>\n
The two-year ban took effect on September 24, 2013.<\/p>\n
The World Bank said Zoomlion needed to demonstrate full and satisfactory compliance with the World Bank Integrity standards in order for the ban to be lifted.<\/p>\n
The bank said Zoomlion had itself acknowledged wrongdoing and had accepted full responsibility.<\/p>\n
\u201cThis is a case where a company under a World Bank investigation is demonstrating responsibility for wrongdoing by enforcing disciplinary action and committing to a new standard of integrity governing its operations,\u201d said Leonard McCarthy, World Bank Integrity Vice President.<\/p>\n
\u201cPromoting this type of corporate responsibility while holding companies accountable for wrongdoing is one of the strategic pillars of the World Bank\u2019s anticorruption strategy,” he added.<\/p>\n
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{{The World Bank Group has placed a ban on Zoomlion Ghana Limited for two years over alleged bribery in Liberia.}} The bribery allegation involved the World Bank-financed Emergency Monrovia Urban Sanitation Project. According to a report published on the World Bank’s website, Zoomlion paid bribes to facilitate contract execution and processing of invoices. Accordingly, Zoomlion […]<\/p>\n","protected":false},"author":1,"featured_media":2000048541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[100],"byline":[170],"hashtag":[],"class_list":["post-10679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-africa","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000048541,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton10679.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton10679.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton10679.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton10679.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton10679.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton10679.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/10679","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=10679"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/10679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000048541"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=10679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=10679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=10679"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=10679"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=10679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}