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NEWS March 30, 2017

Issuance of Sanctions Board Decision No. 92

Pursuant to Sanctions Board Decision No. 92 issued in Sanctions Cases No. 347 and No. 387, the Sanctions Board imposes a sanction of debarment on Consia Consultants ApS (the "Respondent Firm") and Mr. Erling Rask (the "Individual Respondent") with the possibility of conditional release after a minimum period of ineligibility of fourteen (14) years for the Respondent Firm and three (3) years and six (6) months for the Individual Respondent. These sanctions are imposed on the Respondent Firm for fraudulent and corrupt practices, and on the Individual Respondent for a fraudulent practice.?