The office, which is ADB’s initial point of contact for all fraud and related allegations against bank projects and staff, outlined its plans in a new report released March 12. According to the report, OAI will carry out training sessions at ADB’s headquarters in Manila, boost collaboration with heads of other bank departments, update its guiding principles and manuals throughout the year, and improve coordination with other multilateral development banks.
In addition, the office is set to shift from conducting broad project procurement-related reviews to assessments with more targeted focus areas. OAI will also formally include due diligence responsibilities in its mandate for 2012. This means it will now assist other ADB departments in conducting due diligence checks, among other related functions.
These reforms and measures, the OAI said, are necessary to address the increasing number, complexity and sensitivity of complaints and integrity violations it receives. The office said it anticipates this trend to continue.
The report notes ADB received 225 allegations of integrity violations and corruptions last year. After processing these cases, ADB debarred 34 individuals and 31 firms. ADB also debarred 12 individuals and 31 firms as part of the cross-debarment agreement it signed with other multilateral banks.
Read more news about development aid online, and subscribe to The Development Newswire to receive top international development headlines from the world’s leading donors, news sources and opinion leaders — emailed to you FREE every business day.