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Article: Republic of Lithuania: World Bank sanctions AB Hidrostatyba and AB Panevezio Statybos Trestas for collusive practices in the Klaipeda Environment Project.
- Article from:
- M2 Presswire
- Article date:
- July 22, 2005
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M2 PRESSWIRE-22 July 2005-WORLD BANK: Republic of Lithuania: World Bank sanctions AB Hidrostatyba and AB Panevezio Statybos Trestas for collusive practices in the Klaipeda Environment Project(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:21072005
Washington, DC - The World Bank debarred two companies, AB Hidrostatyba and AB Panevezio Statybos Trestas (PST), and seven former or current employees for collusive practices as defined in the World Bank Procurement Guidelines in relation to the World Bank-financed "Klaipeda Environment Project" (KEP) in Lithuania. These companies and individuals will be ineligible to receive any new World Bank-financed contracts for ...