Feeds

World Bank bans Case Technology

Former Anite division faces allegations of corruption

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Watford-based company Case Technology this week became the first company to be barred from World Bank financed contracts over allegations of corruption. Case received a permanent ban from being awarded the contracts, ordered by James Wolfensohn, president of the World Bank, on 2 July. A Dutch company involved in a bid with Case, Nepostel Consultancy, was also made ineligible for three years. Case was originally part of Anite Group until March 1997, when there was a management buyout at the company, then called Case Technology UK. In the same month UK networking company Anite sold its Danish Lan business, also called Case Technology, to Intel for $42 million. It is now a Wan manufacturer, specialising in voice and data convergence. Anite itself was formerly known as Cray Communications and before that, confusingly, also as Case Technology. Anyone lost yet? This week's ban originated from a bid that Case and Nepostel were involved in to supply a banking telecommunications network for the Central Bank of Turkmenistan in Asia. The World Bank's Sanctions Committee found Case had engaged in corrupt practices and that Nepostel engaged in fraudulent activities as defined by the Bank’s Procurement Guidelines. A representative of the World Bank was unable to give details on the corruption allegations against Case. Although he told The Register that the situation must have to be very serious to gain a permanent ban. Both companies disputed the charges. The story first appeared in the Financial Times, which said that since the Sanctions Committee was established in November 1998, the Bank has declared seven firms, including Case and Nepostel, ineligible to be awarded Bank-financed contracts. Case was the only one where corruption, rather than fraud, was cited as the reason. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.