Joining the AIIB Projects—What You Must Know about Affiliated Debarment and Cross-Debarment
摘要
The Asian Infrastructure Investment Bank (AIIB) is a multilateral financial institution that aims to bring financial support to infrastructure building in Asia. Certainly, AIIB will play an important role in the Belt and Road related projects. To ensure that the funds are used for their intended purposes, the AIIB strictly polices misconduct such as fraud and corruption. The AIIB reflects the values of the World Bank in regards to inappropriate behavior, investigatory measures, and sanction policies. The AIIB also actively participates in cross-debarment by voluntarily adopting the list of sanctioned firms and individuals under the Agreement for Mutual Enforcement of Debarment Decisions which was actioned by the World Bank and four other multilateral development banks.
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