How does the World Bank combat fraud and corruption in its projects?
The World Bank expects borrowing countries and companies to observe the highest standards of ethics during the procurement process. Companies can report allegations of fraud and corruption to an Anti-Corruption Hotline (toll free: 1-800-831-0463). If the World Bank deems that a company has engaged in fraudulent or corrupt practice, it may debar the company from competing for future World Bank-financed contracts. A list of debarred firms is maintained on the World Bank’s website.
