Home 
Topics Anticorruption and Integrity Sanctions
 | |
SanctionsADB declares firms and individuals ineligible to participate in ADB-financed activity for committing fraudulent or corrupt acts as defined by ADB's Anticorruption Policy.
View case summaries. Remedial Actions Assessing the unique facts and circumstances of each case, ADB has imposed sanctions on firms for minimum periods of one to seven years, and individuals for minimum periods of one year to indefinitely. ADB’s sanctions are for a minimum period (unless specified as indefinite), and reinstatement is not automatic; therefore, entities may remain ineligible beyond the minimum periods. At the conclusion of the minimum period, a firm or individual may request reinstatement, at which time ADB will reassess the entity’s eligibility to participate in ADB-financed activity. ADB also reprimands firms and individuals where it determines that
the circumstances of a case did not warrant more severe remedial
action. Those firms and individuals remain eligible to participate
in ADB-financed activity. Disclosure Except where notification of ineligibility has not been possible, the names of the firms and individuals declared ineligible are not listed on this website. (Read more.) ADB has informed the firms and individuals of the sanctions and has also notified them that any attempt to participate in any ADB-financed contract while ineligible will lead to an extension of the minimum sanction period and to the entity’s name being posted on this website. ADB may disclose the names of sanctioned firms or individuals to parties outside ADB who have a need to know. ADB found it impossible to notify the following entities it declared ineligible to participate in ADB-financed contracts for the periods stated:
|
|
| © 2008 Asian Development Bank Privacy | Terms of Use |
 Top of page |
