A report on the work of the Bank’s Office of Institutional Integrity in 2009
CANCUN, Mexico – The Inter-American Development Bank applied 52 sanctions—36 to individuals and 16 to firms—as a result of 152 investigations of alleged fraud and corruption cases carried out during 2009, according to a report released today.
The 2009 Annual Report of the IDB’s Office of Institutional Integrity (OII) describes the Bank’s efforts to prevent and investigate the occurrence of prohibited practices in the activities financed by the IDB Group. It offers a detailed account of a sample of the 309 inquiries and allegations—a record number—received by OII.
See full Press Release.
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