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World Bank's chief debarment officer warns of trend of increasing debarments in emerging markets

By Phoebe Seers ( November 3, 2016, 06:32 GMT | Insight) -- The World Bank’s chief suspension and debarment officer warned of a trend of more and more countries debarring or blacklisting companies. Almost every country in the world has its own debarment provisions that it can use against companies found to have engaged in misconduct. The World Bank itself has debarred 770 firms and individuals since 1999.The World Bank’s chief suspension and debarment officer warned of a trend of more and more countries debarring or blacklisting companies. Almost every country in the world has its own debarment provisions that it can use against companies found to have engaged in misconduct....

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