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    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    SolarEdge Opens the India Development Center in Bangalore, Expanding its Global R&D Network.

    Global Economic Outlook Hangs in Balance between Geopolitical Headwinds and AI boost, Chief Economists Warn.

    Indian Restaurant Congress Goes Global with Landmark London Edition During India Week 2026.

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    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    SAP Technology Used by Some of the World’s Largest Companies is Now Accessible to Students in India.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    Navi UPI’s ‘Hurrypur SOCIAL’ Sparks Cricket Craze in Bengaluru, Draws 500+ Fans for Key Qualifier

  • Business

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

  • Health

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

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    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

    Fast charging gets even easier for all-electric Volvo drivers.

    Volvo Cars receives a specific authorization in the United States under the ICTS Connected Vehicles Rule.

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    Unilever launches largest sports partnership activation for FIFA World Cup 2026™

    Heyball Academy Bangalore and Chris Henry Set to Transform Bangalore into India’s Cue‑Sports Education Hub Introduces “Neural ReWiring” Coaching in India.

    We are not here to defend, we are here to attack” says Rajat Patidar

    International Para Athletics Championships in Bengaluru from May 26.

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    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
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    • Food
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    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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  • Home
  • World
    Photo courtesy of Unispace

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    SolarEdge Opens the India Development Center in Bangalore, Expanding its Global R&D Network.

    Global Economic Outlook Hangs in Balance between Geopolitical Headwinds and AI boost, Chief Economists Warn.

    Indian Restaurant Congress Goes Global with Landmark London Edition During India Week 2026.

  • National
    • All
    • Economy & Politics
    • Election

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    SAP Technology Used by Some of the World’s Largest Companies is Now Accessible to Students in India.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    Navi UPI’s ‘Hurrypur SOCIAL’ Sparks Cricket Craze in Bengaluru, Draws 500+ Fans for Key Qualifier

  • Business

    Sachin Tendulkar Highlights Tanishq’s Transparent Approach to Gold Exchange – Enabling Better Value for Customers.

    Unilever Investing $270m in Global Innovation Centre in New Haven, Connecticut.

    IFF Enters Into Agreement to Sell Its Food Ingredients Business to CVC.

  • Health

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

  • Technology
    • All
    • Environment
    • Science

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

    Stellantis and Accenture Announce Plans for a Strategic Partnership to Advance AI-Driven Manufacturing with NVIDIA .

    AI-Powered Financial Inclusion in India

  • Auto

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

    Fast charging gets even easier for all-electric Volvo drivers.

    Volvo Cars receives a specific authorization in the United States under the ICTS Connected Vehicles Rule.

  • Sports

    Unilever launches largest sports partnership activation for FIFA World Cup 2026™

    Heyball Academy Bangalore and Chris Henry Set to Transform Bangalore into India’s Cue‑Sports Education Hub Introduces “Neural ReWiring” Coaching in India.

    We are not here to defend, we are here to attack” says Rajat Patidar

    International Para Athletics Championships in Bengaluru from May 26.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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World Bank Group Debars Beijing Jingold Construction Co., Ltd

by FWM
August 15, 2019
in Business
0

WASHINGTON, August 14, 2019 — The World Bank today announced the 15-month debarment of Beijing Jingold Construction Co., Ltd (BJC), a company based in the People’s Republic of China, in connection with fraud during the procurement process for the Samoa Aviation Investment Project.

The debarment makes BJC ineligible to participate in World Bank-financed projects. It is part of a settlement agreement under which the company acknowledges responsibility for the underlying sanctionable practice.

The project was designed to improve operational safety and oversight of international air transport and associated infrastructure in Samoa. According to the facts of the case, BJC had a history of contract non-performance at the time of bidding, but knowingly misrepresented this fact when it bid on a contract to provide airport infrastructure, which is a fraudulent practice. The company did not ultimately win the contract.

As a condition of the settlement agreement, the company commits to continue to fully cooperate with the World Bank Group Integrity Vice Presidency.

ADVERTISEMENT

The debarment of BJC qualifies for cross-debarment by other multilateral development banks (MDBs) under the Agreement for Mutual Enforcement of Debarment Decisions that was signed on April 9, 2010.

Tags: Agreement for Mutual Enforcement of Debarment DecisionsBeijing Jingold Construction Co.multilateral development banks (MDBs)Samoa Aviation Investment Project.World Bank Group.

FWM

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