Tuesday, December 12, 2017

Eva Joly hails cross debarment deal as ‘tremendous achievement’

Five multilateral development banks have signed a landmark agreement that harmonises their anti-corruption policies. Firms found guilty of corruption by one of the banks can now be blacklisted by all of them.

The reach of the agreement is limited by the Asian Development Bank’s policy of keeping secret the names of most of the firms it debars. But veteran anti-corruption fighter Eva Joly is optimistic. “Even ADB is on the move," she says.

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