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NEWS September 9, 2013

Issuance of Sanctions Board Decision No. 60

Pursuant to Sanctions Board Decision No. 60  issued in Sanctions Case No. 170, the Sanctions Board imposes (i) a debarment with conditional release on Development and Relief Corporation b.v. (also known as DRC b.v.) (the ¡°Respondent Firm¡±), Development and Relief Corporation International b.v. (also known as DRC International b.v.) (the ¡°Respondent Firm International¡±), and Mr. Frank Rozestraten (the ¡°Respondent  Director¡±); (ii) a debarment on Mr. Dennis van Vogelpoel (the ¡°Respondent Commercial Manager¡±); and (iii) a reprimand, by means of a letter of reprimand to be publicly posted for a six-month period, on a fifth respondent (the ¡°Respondent Co-Owner¡±). These sanctions are imposed for corrupt, fraudulent, and obstructive practices in connection with procurement processes in multiple Bank-financed projects. Pursuant to the same decision, the Sanctions Board finds insufficient evidence to conclude that it is more likely than not that the sixth respondent in this case (the ¡°Respondent Project Manager¡±) engaged in the alleged obstructive practices, and therefore declares that the sanctions proceedings against the Respondent Project Manager are terminated.