The EBRD and four Egis entities reach a settlement regarding fraudulent practices in two EBRD-financed projects Sanction consists of a 33-month conditional non-debarment Settlement reduces sanction on account of Egis entities’ voluntary disclosures and other remedial actions The European Bank for Reconstruction and Development (EBRD) has announced a 33-month conditional non-debarment of four consulting companies that are part of the French group Egis, and of two subsidiaries, in connection
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