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Article: World Bank sanctions two firms reprimand issued to Schlumberger S.A. and former subsidiary.
- Article from:
- M2 Presswire
- Article date:
- August 13, 2003
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M2 PRESSWIRE-13 August 2003-WORLD BANK: World Bank sanctions two firms reprimand issued to Schlumberger S.A. and former subsidiary(C)1994-2003 M2 COMMUNICATIONS LTD
RDATE:08122003
WASHINGTON: The World Bank has sanctioned two firms involved in a Bank-financed project in Bulgaria.
Both firms, Schlumberger S.A. (formerly known as Schlumberger Industries S.A.) based in Montrouge, France, and its former subsidiary, Ganz Meter Company Ltd., based in Godollo, Hungary, were issued public letters of reprimand. A reference to the letters of reprimand will be posted on the World Bank's external website for a period of two years. The World Bank's decision is final, and there ...