The Asian Development Bank (ADB) has imposed sanctions against 42 companies and 38 people found to have engaged in corrupt practices while implementing ADB-financed projects last year.
In a report released on Monday, the ADB’s Office of Anti-corruption and Integrity (OAI) also revealed that 57 firms and 51 people were barred from seeking ADB-financed contracts as part of a cross-debarment agreement it forged with four other multilateral development banks.
“At a time when many new donors are implementing austerity measures, those entrusted with development have an obligation to use a steadily declining pool of development funds,” said Clare Wee, head of ADB’s OAI.
“When development funds are diverted or misused, people with real needs are deprived of basic services, rights and opportunities,” Wee said.
OAI reported that it received a record high of 240 complaints and opened 114 new investigations in 2012.
The bulk of the complaints, ADB said, involved fraudulent misrepresentations about qualifications, experience, and technical capabilities of consulting firms, contractors and individuals seeking work from the ADB.
The Manila-based lender said it has “zero tolerance” for corruption and has toughened measures to battle fraud and corruption last year.
In 2012 OAI piloted project procurement-related spot reviews aimed at strengthening project monitoring and compliance. The reviews provide “hands-on” support and skills transfers to ADB’s operations departments to improve project supervision and ensure projects fully deliver their intended development outcomes.
To prevent fraud and corruption in ADB projects, OAI provides substantial support and advice to management and project teams on issues relating to integrity, money laundering and financing of terrorism risks, particularly for its public and private-sector projects. –Jennifer A. Ng / Reporter, Businessmirror
Sept 5 – Oct 5
National Teachers Month
“Pay teachers decent wages,
Pay attention to teachers!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
September
Monthly Observances:
Health, Safety, and Sanitation Month
Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 5)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: Family Week
Daily Observances:
Third Saturday: International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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