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The Anticorruption Blog

Category Archives: Multilateral Development Bank

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A Few Bad Apples: Corruption In the EBRD

Posted in European Bank for Reconstruction and Development, Multilateral Development Bank, Russia, Siemens, World Bank

Four Russian officials appointed by the Russian Economic Development Industry to the European Bank for Reconstruction and Development (EBRD) are being investigated by the City of London and Russian police for charges that include accepting bribes and doling out false credits to various projects. According to an EBRD spokesman, it is not clear what spurred… Continue Reading