World Bank faces call to blacklist construction firms
3 April 2012
An African court ruling on several international building firms’ involvement in a bribery scandal could thwart their chances of securing future World Bank funding for major projects.
A former executive of the Lesotho Highlands Development Authority was convicted last month on 11 counts of bribery and two of fraud concerning payments of around £3 million from companies including French firm Spie Batignolles, Balfour Beatty and Kier International.
The payments span more than a decade and centre on bids for a dam building project.
The...