The World Bank Group sanctions Bouygues Bâtiment International
The World Bank Group today announced the conditional 12-month non-exclusion of Bouygues Bâtiment International, a French company specializing in complex construction projects around the world, in connection with a collusive practice in the context of the Airports project Madagascar.
The sanction stems from an investigation conducted by the Integrity Vice-Presidency of the World Bank Group and underlines the institution’s efforts to promote high standards of integrity in projects financed by the International Finance Corporation (IFC). The matter was resolved through negotiated settlement agreements with the multiple companies involved. The regulations show how such agreements, and Bank Group sanctions in general, can be used to help promote better business practices by companies engaged in private sector development projects.
The conditional non-exclusion sanction means that Bouygues Bâtiment International and its sanctioned subsidiaries, the International Construction Company (EIC), will remain eligible to participate in projects and operations financed by the institutions of the World Bank Group on condition that they comply with their obligations under the Settlement Agreement. If the World Bank Group Integrity Compliance Officer determines that these obligations have not been met within 12 months, the conditional non-disqualification will become a disqualification with parole sanction, and The company and its subsidiary will then become ineligible to participate. in activities funded by the World Bank Group until the release conditions set out in the settlement agreement are met.
The project, supported by IFC, provides partial financing for the design and development of the expansion and renovation works of Madagascar’s two main airports: Ivato International Airport and Fascene Airport. According to the facts of the case, Bouygues Bâtiment International engaged in a collusive practice by attending irregular meetings with State officials, between February 4, 2015 and May 4, 2015, during the call of offers for the 28-year airport operating concession contract.
The amicable agreement provides for a reduced sanction period taking into account the cooperation of the company. As a condition of exemption from sanction under the terms of the transactional agreement, Bouygues Bâtiment International has undertaken to adapt its group-wide corporate integrity compliance program to reflect the principles set out in the Compliance Directives. integrity of the World Bank Group. The company has agreed to implement and maintain the program as part of its future business activities, including at EIC.
Bouygues Bâtiment International is also committed to continuing to cooperate fully with the Integrity Vice-Presidency of the World Bank Group.
Distributed by APO Group on behalf of the World Bank Group.