14 Pages Posted: 26 Jul 2019
Date Written: March 15, 2016
Cross debarment is a procedure established by five multilateral development banks — the African Development Bank Group (‘AfDB’), the Asian Development Bank (‘ADB’), the European Bank for Reconstruction and Development (‘EBRD’), the Inter-American Development Bank (‘IADB’) and the World Bank Group (‘WB’) — in order to mutually enforce their debarment actions with respect to four harmonized sanctionable practices ie corruption, fraud, coercion, and collusion. Consequently, firms and individuals debarred by one of these banks could then be sanctioned, for the same misconduct, by the other banks. This procedure was established by the Agreement on Mutual Enforcement of Debarment Decisions (‘AMEDD’), which was signed by these multilateral development banks on 9 April 2010 in Luxembourg.
Keywords: Procedural law in International organizations, World Bank, Economic sanctions, Enforcement, Corruption, Public procurement
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