Pursuant to Sanctions Board Decision No. 142 issued in Sanctions Case No. 760, the Sanctions Board imposes a sanction of conditional non-debarment for a period of three (3) years and nine (9) months on TPF Getinsa Euroestudios S.L. (the “Respondent”). In case of non-compliance with the conditions within the prescribed period of non-debarment, the Respondent shall be automatically placed under debarment with conditional release for a minimum period of one (1) year.
Although Sanctions Board Decision No. 142 imposes a sanction of conditional non-debarment, the Respondent remains debarred (with conditions) through November 28, 2027, pursuant to Sanctions Board Decision No. 134 (Sanctions Case No. 620).
This sanction is imposed on the Respondent for corrupt and collusive practices as defined in Paragraphs 1.23(a)(i) and (iii) of the World Bank’s Guidelines: Selection and Employment of Consultants under IBRD Loans and IDA Credits and Grants by World Bank Borrowers (January 2011).
Capsule Summary of Findings:
The Sanctions Board found the Respondent liable for engaging in corrupt and collusive practices by, respectively, soliciting an improper payment and entering into an arrangement with potential bidders to stifle open competition and influence the procurement process. In selecting the sanction of conditional non-debarment, the Sanctions Board considered all the specific facts and circumstances, as well as the relevant sanctioning factors. The Sanctions Board found this sanction to be fair and proportional given the mitigating factors that carried substantial weight and the Respondent’s considerable corporate transformation in its structure and management. Full discussion of the facts, allegations, and the Sanctions Board’s analysis can be found in the published decision.