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Two Chinese firms debarred for fraud by World Bank

( May 5, 2017, 14:09 GMT | Official Statement) -- Mlex Summary:  The World Bank announced on Friday that, under negotiated resolution agreements, it had debarred two Chinese companies for fraud on bidding documents submitted in connection with two bank-financed projects. In both cases, the fraud was detected before award of the contracts.World Bank Announces Two Settlements Relating to Fraudulent Misconduct in Violation of Procurement Guidelines...

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