Norwegian firms suspect World Bank of using secret blacklist

Business October 22, 2008

The World Bank has pulled out of a small hydropower project, Bugoye in Uganda, claiming the participation of two Norwegian firms poses “an unacceptable level of reputational risk to the World Bank Group". No Norwegian firms appear on the World Bank’s official blacklist of companies involved in corruption.

If you are new to Development Today and would like to continue reading this article, send us a mail at subscribers@devtoday.no, including your name, title, organisation, and email contact, and you will receive a free Guest Pass, along with weekly updates.