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Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
Rapid Response Team: 0800 559 3500
Switchboard: +44 (0)203 947 1539
Multilateral Development Bank (MDB)

MDBs are financial institutions funded by nations to boost economic development in countries needing assistance. When investigating wrongdoing on contracts, they have far-reaching powers, are not bound by borders and can impose heavy sanctions.

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Multilateral Development Bank (MDB)

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Rahman Ravelli's Aziz Rahman and Joshua Ray tell GIR why multilateral development banks may be attracted to taking a DPA-style approach to corruption

When multilateral development banks (MDBs) identify corruption on their projects, they have a range of penalties at their disposal. But the common penalty imposed is debarment with conditional release, where a company is banned from MDB pro...

Photo of Azizur RahmanPhoto of Joshua L. Ray

By Azizur Rahman, Joshua L. Ray  27 August 2020