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World Bank sanctions plateau in FY17, but settlements up

( October 17, 2017, 14:04 GMT | Official Statement) -- MLex Summary: The World Bank's integrity vice presidency carried out investigations leading to the sanctioning of 60 individuals and companies in fiscal year 2017, which ended on June 30, compared to 59 in the previous year. In addition, the bank honored 84 cross-debarments from other development banks. The investigative unit also negotiated settlments with companies and individuals, up from 18 in the previous year.Excerpt:  ...

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