ľ¹ÏÓ°Ôº

Skip to Main Navigation
NEWS June 21, 2017

Issuance of Sanctions Board Decision No. 95

?Pursuant to Sanctions Board Decision No. 95 issued in Sanctions Case No. 399, the Sanctions Board imposes a sanction of debarment on Karl Storz GmbH & Co. KG (the "Respondent") for a period of two (2) years. The Sanctions Board finds that it is more likely than not that the Respondent engaged in a corrupt practice as defined in Paragraph 1.14(a)(i) of the World Bank¡¯s Guidelines: Procurement under IBRD Loans and IDA Credits (May 2004) by paying commissions to a World Bank consultant for the award of a contract.