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China calls on World Bank to provide evidence of graft
Beijing (AFP) Jan 17, 2009 China has called on the World Bank to provide evidence of graft by four Chinese construction firms banned from bank projects due to alleged corruption in a Philippine tendering process. The World Bank on Thursday said it found evidence of collusion among four Chinese and three Filipino construction firms in the bidding for a road project in the Philippines. The bank subsequently cancelled the tender for 33 million dollars' worth of contracts, and banned the firms from future tenders. "The companies said there were flaws in the World Bank's investigation in terms of evidence and investigation procedures," Yao Jian, spokesman of China's commerce ministry, said in a statement posted on his ministry's website. "The bank did not respond to their inquiries and the enterprises hope the World Bank will give a clear explanation." The World Bank barred China Road and Bridge Corp. for eight years, China State Construction Corp. and China Wu Yi Co. Ltd. for six years, and China Geo-Engineering Corp. for five years. "We hope the World Bank will reconsider the decision if there is not enough evidence," Yao said. "If the evidence is robust enough, the government will look into it in accordance with Chinese law." Special prosecutors are set to wrap up within three weeks a separate inquiry into possible criminal liability of Filipino government officials who handled the project for which the World Bank withheld financing. Related Links Global Trade News
Philippines ban after World Bank blacklist of Chinese, Filipino builders
Manila (AFP) Jan 15, 2009Four Chinese and three Filipino construction firms blacklisted by the World Bank over alleged corruption were slapped with further sanctions Thursday as the government also barred them from tendering for Philippines road projects. |
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