World Bank (hereinafter referred to as "the World Bank") on the 14th that due to involve the World Bank-funded road project in the Philippines, corruption, including four Chinese companies, including seven companies and one individual sanctions.
These companies will be temporarily or permanently lost their participation in the World Bank-funded projects eligible bidders.
World Bank ranked "blacklist" of the four Chinese companies are China Road and Bridge Group (banned 8 years), China State Construction Engineering Corporation (hereinafter referred to as "China State"), China Wuyi Industrial Co., Ltd. (was Ban 6 years), and the China Geo-Engineering Corporation (banned 5 years).
At the same time the Bank ruling stated that if these companies performed well after a few years can reduce or terminate the sanctions.
The matter from 2003, the World Bank under the vice president-level sector institutions clean Bureau (INT) by the survey found that some companies in the Philippines national road improvement and management plan (NRIMP1) projects that exist in the contract bidding irregularities, tender people collusion, resulting in unfair competition, NRIMP1 constitute the rules stipulated in the tender fraud.
Against the sanctions, China yesterday to the "Business News" sent a written affirmed that "the sanctions on the World Bank, the China State Construction materials in the defense against the allegations related to the World Bank to be a detailed and careful and responsible explanation and clarification of road development projects in the Philippines to participate in the bidding process some of the problems, but failed to obtain the World Bank's understanding and recognition, which we deeply regret. "
In a statement sent to this newspaper, China Overseas Business Department spokesman Xiao Hong said that in the external operating activities, with their usual demands included in the building, including the Philippines Ltd. foreign agencies, as well as their staff must be strictly comply with the rules and regulations as well as local laws and regulations of the host country to start a legitimate commercial activity, the same time, they also clearly opposed to any string of corruption and fraud standard of business conduct and other irregularities.
A sanction of the relevant Chinese companies who told this reporter that the bank's project is currently undertaking will not be affected, but the next tender will be affected. He admitted, this sort of thing a great influence on the company's reputation, and reputation as the company's life.
NRIMP1 project aims to help the Philippine government to upgrade its road network construction, funded in part from the world Bank lending 150 million U.S. dollars. After the outcome of the survey, the World Bank to stop about 33 million U.S. dollars allocated to the project.
World Bank's official website, INT, deputy director of Leonard McCarthy said: "This is our most important and most far-reaching one of a case, it is a World Bank survey process and sanctions efficient. The World Bank continue to intensify the anti - corruption at the same time, INT investigation and disciplinary matters will remain vigilant. "
In addition to China's four companies, the World Bank is also a permanent prohibition of the Philippines ECde Luna construction company and its parent company Eduardode Luna funded by the World Bank to participate in bidding for the bank in 2004 to make the most severe sanctions, is the first of a permanent punishment . In addition, the Philippines Cavite Ideal International Construction and Development Company and CM Pancho construction companies are prohibited from 4 years to participate in the bidding. As early as in August last year, the World Bank has been canceled Dongsung Korean construction companies tendering for 4 years.
The World Bank's East Asia Vice President James Adams said: "The abuse of public funds is a widespread problem. This case shows that we should be the possibility of early detection of corruption and take action to investigate, in cooperation with the Philippine government to strengthen the next phase of the project's anti-corruption work. "