May

2

2018

4:00—5:30 PM
Center for Global Development
2055 L St, NW
- Fifth Floor
Washington, DC 20036
CGD TALKS

World Bank Investigation & Prevention: Global Systemic Impact

 
Featuring

Pascale Hélène Dubois, Vice President, Integrity, World Bank Group

Kathrin Frauscher, Deputy and Program Director, Open Contracting Partnership

Hasan Tuluy, Board Director, Partnership for Transparency and former Vice President, World Bank

Moderator

Charles Kenny, Director of Technology and Development and Senior Fellow, Center for Global Development

The World Bank Group committed nearly $60 billion for development projects and programs in fiscal year 2017.  As the largest individual source for development finance in the world, the Bank frequently sets standards and adopts practices that spread both to other multilateral institutions as well as governments worldwide.

In 2017, the Integrity Vice Presidency (INT), an independent office within the World Bank Group that investigates and pursues sanctions related to allegations of fraud and corruption in World Bank Group-financed projects, opened 51 investigations and issued 52 reports covering 68 Bank Group projects, while also providing preventative services and undertaking internal investigations. Through its Integrity Compliance Office, INT plays a preventive role by actively engaging sanctioned entities in pursuing rehabilitative measures, such as the implementation of integrity compliance programs. 

These activities helped safeguard the World Bank Group’s funding against misuse, but was there a broader impact beyond the contracts and contractors involved?

Pascale Hélène Dubois will discuss the global impact of World Bank investigation and prevention activities and then join a panel with Kathrin Frauscher, Deputy and Program Director, Open Contracting Partnership and Hasan Tuluy, Partnership for Transparency Board Director, former World Bank Vice President, to dive deeper into what more can be done at the World Bank and other international institutions to combat corruption.

 

 

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