Washington — May 27, 2026 — The World Bank Group has announced an 18‑month debarment with conditional release of China National Technical Import & Export Corporation (CNTIC), a Beijing‑based state‑owned enterprise specializing in technology trade and engineering. The sanction follows findings of fraudulent practices affecting three World Bank‑financed energy projects in Pakistan, Bangladesh, and the Maldives.
The projects aimed to strengthen power transmission systems and support renewable energy integration. Investigations revealed that CNTIC failed to disclose contract commitments, pending litigation, and intended commissions to third parties, while also misrepresenting key personnel in one of the bids. These actions violated the World Bank’s Anti‑Corruption Framework.
Under the debarment, CNTIC and any entities it controls are ineligible to participate in World Bank‑financed projects. The sanction is part of a settlement agreement in which the company acknowledged responsibility and agreed to implement an integrity compliance program consistent with the World Bank Group Integrity Compliance Guidelines.
The agreement provides for a reduced debarment period due to CNTIC’s cooperation and voluntary remedial actions. The company also committed to continued collaboration with the World Bank Group Integrity Vice Presidency.
This debarment qualifies for cross‑debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions, signed in 2010, ensuring broader enforcement across international development institutions.
