Corrupt Bank staff sacked

12 December 2000

The World Bank has sacked three staff members after an investigation revealed they had accepted bribes from several Swedish companies in return for steering contracts worth US$900,000 to the firms. Contracts were also awarded for “ineligible activities.” The matter is being referred to US and Swedish criminal authorities.

The Bank was alerted to the scam through a call placed to its hotline for reporting fraud and corruption. A spokeswoman said the Bank was “dismayed that companies would try to entice staff” by offering kickbacks, “and even more dismayed that three staff actually responded.”