• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News

    World Bank Group Debars Macmillan

    By Rolf Rosenkranz // 03 May 2010
    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.

    • Banking & Finance
    • Funding
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Rolf Rosenkranz

      Rolf RosenkranzRolfRosenkranz

      Rolf Rosenkranz has worked as a Global Editor for Devex. 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.

    Search for articles

    Related Jobs

    • Head of Finance
      Belgium | Western Europe
    • Technical Assistance Officer (Contractual) - FADRM
      Washington, D.C., District of Columbia, United States | District of Columbia, United States | United States | North America
    • Resident Advisor in Monetary and Foreign Exchange Operations (CDOT, Bangkok) (MCMTA)
      Bangkok, Thailand | Thailand | East Asia and Pacific
    • See more

    Most Read

    • 1
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 2
      How low-emissions livestock are transforming dairy farming in Africa
    • 3
      Opinion: India’s bold leadership in turning the tide for TB
    • 4
      Strengthening health systems by measuring what really matters
    • 5
      How AI-powered citizen science can be a catalyst for the SDGs

    Trending

    Financing for Development Conference

    The Trump Effect

    Newsletters

    Related Stories

    The Trump effectUSAID inspector general warned of oversight failures before aid shutdown

    USAID inspector general warned of oversight failures before aid shutdown

    The future of US aidUSAID issues blanket stop-work order, promising ‘equitable adjustments’

    USAID issues blanket stop-work order, promising ‘equitable adjustments’

    World BankWho’s winning the World Bank’s consulting contracts?

    Who’s winning the World Bank’s consulting contracts?

    The Trump effectChaos, staff cuts have 'degraded' USAID's ability to vet terrorist ties

    Chaos, staff cuts have 'degraded' USAID's ability to vet terrorist ties

    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement