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Tractebel Engineering debarred by Inter-American Development Bank

( November 30, 2021, 12:37 GMT | Official Statement) -- MLex Summary: Tractebel Engineering has been debarred by the Inter-American Development Bank for nearly four years, in relation to a power-line project in Haiti. The Belgian company had failed to disclose fees to agents and was found, through a subcontractor, to have offered paid positions to former government officials. Tractebel was debarred for 46 months and as part of a settlement, has committed to retaining a third party to analyze its compliance program, the IDB said.Statement follows ...

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