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Saturday, May 23, 2020
Volume:
36
Issue:
5
Abstract:
On April 29, 2020, The World Bank debarred a manufacturing company, Mega-Mebiko JV LLC, for fraud involving the Syrdarya Water Project. Mega-Mebiko JV LLC, located in Tashkent, Uzbekistan, is a small construction and vehicle repairs business. The company reportedly “misrepresented financial information, experience claims, and falsely stated that it had no conflicts of interest to win a project-financed contract, which are fraudulent practices under the World Bank Procurement Guidelines.”[1]