WORLD BANK: World bank debars firm for misrepresenting prior experience.

0 Comments | M2 Presswire, April, 1999

M2 PRESSWIRE-15 April 1999-WORLD BANK: World bank debars firm for misrepresenting prior experience - sanction to last 18 months (C)1994-99 M2 COMMUNICATIONS LTD RDATE:140499 WASHINGTON -- The World Bank has declared Berga S.p.A., of Quinto di Treviso, Italy ("Berga"), ineligible to be awarded any Bank-financed contracts for 18 months.

The World Bank imposed the sanction after concluding that Berga had misrepresented its prior experience to win an award for a Bank-financed contract for the supply of ship unloaders to a purchaser in China. Berga has denied this allegation. In ordering debarment, World Bank Group President James D. Wolfensohn acted on the recommendation of the Bank's Sanctions Committee, which reviewed the record of investigation and found...