Article: World Bank Battles Corruption Through New Voluntary Disclosure Program.(Voluntary Disclosure Program)

Article by Jason Matechak and Pascale Dubois

Originally published in International Government Contractor

Approximately 10 years after former World Bank Group President James Wolfensohn's famous "cancer of corruption" speech, the World Bank under Paul Wolfowitz has added another arrow to its anticorruption quiver. Specifically, on August 1st, the World Bank board of executive directors formally launched a new, proactive Voluntary Disclosure Program (VDP). The VDP allows World Bank contractors to identify, investigate and rectify privately, and without the specter of debarment from World Bank programs, conduct that otherwise would be sanctionable by the ...

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