Sanctions Officer
ransparencia
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Sanction Code

104-06

Project Name
Innovation in School Infrastructure (2734/OC-PN)
Country
Panama
Prohibited Practice(s)
Fraudulent Practice
Nationality
Panama
Year
Type of Sanction
Debarment

Duration

36
Months
Prohibited Practice(s) Text

Sanction imposed pursuant to Section 8.3 of the Sanctions Procedures.

Synopsis

The Office of Institutional Integrity submitted a Statement of Charges and Evidence against two respondent firms who were members of a consortium for allegedly engaging in fraudulent practices related to the Innovation in School Infrastructure Program. The Sanctions Officer (“SO”) determined that it is more likely than not that the respondent firms engaged in fraudulent practices. As a result, the SO imposed a sanction of debarment for a period of three (3) years, during which time the respondent firms will be ineligible to participate or be awarded contracts for projects or activities financed by the Bank Group. In accordance with Section 8.3 of the Sanctions Procedures, the sanction was extended to an entity controlled by the sanctioned respondent firms.

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