World Bank barred which company on 10 march 2013 for six months over forgery?
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- eAnswers...Mar 18, 2013
The World Bank has barred "L&T" on 10 March 2013 from doing any business with it or on projects funded by it for a period of 6 months. It was found that a senior executive of the Indian engineering company was involved in a fraud way back in 2008. The debarment will be continued till September 6 2013, making L&T ineligible for contracts for any World Bank funded project, from receiving the proceeds of any loan by the institution or participating in any bank-financed project. Source(s): http://timesofindia.indiatimes.com/business/india-business/World-Bank-bars-LT-for-6-months-over-forgery/pmarticleshow/18875720.cms?prtpage=1
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