World Bank Group Debars Macmillan

Under President Robert Zoellick, pictured here, several companies have been barred from partnering with the World Bank. Macmillan Limited is the latest example. Photo by: World Bank

The World Bank has debarred Macmillan Limited after the U.K. publishing group admitted to paying bribes during the implementation of an education project funded through the Sudan Multi-Donor Trust Fund.

Macmillan will be ineligible to be awarded bank-financed contracts for six years, although the debarment can be reduced to three years subject to continued cooperation. The original debarment period of eight years was reduced to six because Macmillan acknowledged its misconduct early.

Under the terms of the agreement, Macmillan and its subsidiaries must cooperate with World Bank’s integrity vice presidency, implement a compliance monitoring program and engage a compliance monitor to ensure the adequacy of its program.

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    Rolf Rosenkranz

    Rolf Rosenkranz oversees a talented team of in-house journalists, correspondents and guest contributors located around the globe. Since joining Devex in early 2008, Rolf has been instrumental in growing its fledgling news operation into the leading online source for global development news and analysis. Previously, Rolf was managing editor at Inside Health Policy, a subscription-based news service in Washington. He has reported from Africa for the Johannesburg-based Star and its publisher, Independent News & Media, as well as the Westdeutsche Allgemeine Zeitung, a German daily.