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Collusion gets Pakistani company, ex-manager 33-month World Bank exclusion

( February 22, 2018, 16:31 GMT | Official Statement) -- MLex Summary: The World Bank will debar Pak Elektron Limited, its affiliates PEL Marketing and Kohinoor Power, and Abdul Waheed Butt, PEL’s former general manager, for 33 months for collusive practices during contract-bidding under the World Bank-financed Electricity Distribution and Transmission Improvement Project in Pakistan. Negotiated resolution agreements call for the company and ex-manager to meet compliance requirements before regaining eligibility to bid on World Bank-financed projects.Statement follows:...

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