NewsThe World Bank yesterday released a statement expressing concern over erroneous reports regarding the debarment of SMEC International Pty. The World Bank said in the statement the allegations reported in Sri Lankan media are not based on any statements from the World Bank and falsely use the World Bank's name as a source for these allegations. These allegations are not based on any statements from the World Bank and falsely use the World Bank’s name as a source for these allegations. Under the World Bank policy governing the disclosure of investigations, we cannot share additional details relating to evidence or process. The outcome of investigations of such allegations are publicly announced on the World Bank Group's Integrity webpage: www.worldbank.org/integrity or www.worldbank.org/debar

Source: Sunday Times October 11, 2017 07:52 UTC