Tag Archives | Inter-American Development Bank

Truth or consequences? The problem with settlements and the World Bank’s debarment of Alstom units

While the year-long allegations of misconduct against the Alstom Group (ALO) have led to some significant consequences for the company – US$ 9.5 million worth of them – a lot of questions about what happened remain. At the end of February, the World Bank decided to debar two Alstom subsidiaries for three years and agreed […]

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