World Bank debarred software provider

News|Bretton Woods Project|16 February 2009|update 64|url
print|email |bookmark

In December 2008 the World Bank declared that it had debarred Satyam Computer Services for providing "improper benefits to bank staff". Contractors also installed spyware allowing external hacking into the most sensitive data like those of the Bank's treasury unit.

First investigations were launched in 2004, but the Bank failed to take action until September 2008. Satyam had been an almost exclusive software contractor for the Bank, building and controlling the Bank's entire information network.

Having officially denied the accusations against Satyam in October 2008, the Bank had to reveal its ban after the watchdog organisation Government Accountability Project refused to keep the information confidential.

This text may be freely used providing the source is credited.

This page is: <http://brettonwoodsproject.org/art.shtml?x=563669>

Published: 16 February 2009 , last edited: 16 February 2009

Viewings since posted: 4684

Επίκεντρο η Ελλάδα (Articles in Greek)
http://www.brettonwoodsproject.org/el/
Με αφορμή την χωρίς προηγούμενο δραστηριότητα του ΔΝΤ στην Ελλάδα, το Bretton Woods Project παρέχει ορισμένα απο τα άρθρα του στα Ελληνικά.