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Article: World Bank welcomes Swedish District Court decision on bribery case; Verdict highlights Bank's determination to crack down on fraud, corruption.
- Article from:
- M2 Presswire
- Article date:
- January 14, 2004
CopyrightCOPYRIGHT 2004 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-14 January 2004-WORLD BANK: World Bank welcomes Swedish District Court decision on bribery case; Verdict highlights Bank's determination to crack down on fraud, corruption(C)1994-2004 M2 COMMUNICATIONS LTD
RDATE:01132004
WASHINGTON - The World Bank welcomes Monday's decision of the district court in Huddinge, Sweden, to convict two individuals of bribery in connection with the misuse of World Bank trust funds. This verdict should serve as a clear warning that the World Bank is strongly committed to fighting fraud and corruption, and that we will ensure, to the best of our ability, that any such incidences are fully prosecuted.
We ...