In the most recent fallout over allegations of corruption at Montreal-based SNC-Lavalin Inc., the global engineering and construction firm and more than 100 of its affiliates have been debarred from working on World Bank projects for 10 years, according to a negotiated settlement between the firm and the bank.
The agreement, reached in April, is linked to the longest debarment ever imposed by the World Bank. It results from a bank probe into allegations of bribery and corruption on the Padma Multipurpose Bridge project in Bangladesh as well as similar allegations in connection with a bank-financed rural electrification and transmission project in Cambodia.