News
19 September 2019

World Bank debars Indonesian, Chinese, and Spanish groups

Region:
Asia-Pacific, Europe

The World Bank has announced the debarments of Indonesian, Chinese, and Spanish companies in three unrelated actions. 

PT. Suburo Jayana Indah Corp (Sujainco) was debarred for two years for "fraud and collusion" on the World Bank funded Water Resources and Irrigation Sector Management Program (Phase II) project in Indonesia.   

The World Bank said Sujainco colluded with a third party to arrange for other bidders to submit artificial and non-competitive bids.

Privately-owned Sujainco is ineligible to participate in World Bank-financed projects during the 24-month debarment.

Chinese state-owned construction company China Railway First Group Co. Ltd. (CRFG) was debarred for two years because of "fraudulent practices" related to the Dasu Hydropower Stage I Project in Pakistan.

According to the World Bank, CRFG engaged in multiple misrepresentations during the bidding process for four contracts, two of which it won in 2015. The Chinese company failed to disclose subcontracted work, a subcontractor, and an agent it used in bidding for one of the contracts.

The World Bank also announced the one-year debarment of Spanish company Aqualia Intech (AISA) for a "fraudulent practice" in the design and construction of hydraulic infrastructure in Colombia. 

In the bidding process, AISA knowingly misrepresented the composition and the roles within a consortium of three companies that would execute a World Bank-financed contract. The fraudulent practice allowed the consortium to qualify for the contract award, which it ultimately won.

You might also like


Perspective
05 March 2026

Afreximbank: Preferred creditor questions for smaller MDBs

When is a DFI preferred creditor not a preferred creditor? A messy restructuring and a ratings downgrade for Afreximbank could hammer smaller development banks’ cost of...

Perspective
13 March 2026

Uxolo Pathfinder Awards 2025: Putting funding and ambitions...

The 2025 winners show development finance becoming bolder, greener, and more structurally inventive than before.