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China Railway Construction Corporation debarred by World Bank over contract fraud

( June 6, 2019, 01:57 GMT | Official Statement) -- MLex Summary: China Railway Construction Corporation and its subsidiaries have been debarred for nine months by the World Bank Group today for contract fraud. The state-owned construction company submitted information that misrepresented its ability and experience during the bidding process for the East-West Highway Corridor Improvement Project in Georgia, according to the development bank.The full statement from the World Bank Group follows: ...

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