World Bank debars Alstom subsidiaries
24 February 2012
Alstom subsidiaries Alstom Hydro France and Alstom Network Schweiz have been barred from working on World Bank-financed projects for three years and must repay US$ 9.5 million after acknowledging misconduct in a project in Zambia, Africa.
The World Bank's investigative arm, the Integrity Vice Presidency (INT), said…