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News/Compliance & Enforcement/ADB Debars GE Power Units Tied to Alstom Offenses
News·Compliance & Enforcement Brief

ADB Debars GE Power Units Tied to Alstom Offenses

The African Development Bank has debarred several former Alstom companies purchased by GE Power in 2015, for up to 76 months, because of fraud and bribery committed on two bank-financed projects in Egypt in 2006 and 2011.

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