Two subsidiaries debarred -- company agrees to pay $500,000 to the World Bank as part of settlement
WASHINGTON, July 3, 2012The World Bank Group today announced the debarment of two wholly-owned subsidiaries of Oxford University Press (OUP), namely: Oxford University Press East Africa Limited (OUPEA) and Oxford University Press Tanzania Limited (OUPT) - for a period of three years following OUPs acknowledgment of misconduct by its two subsidiaries in relation to two Bank-financed education projects in East Africa.The debarment is part of a Negotiated Resolution Agreement between OUP and the World Bank Group. In May 2011, investigators from the World Banks Integrity Vice Presidency (INT) approached OUP about potential misconduct in Africa. Following this, OUP conducted an internal investigation into its operations and reported its findings to INT
World Bank Sanctions Oxford University Press for Corrupt Practices Impacting Education Projects in East Africa