GO BACK

AIIB Announces Updates to its Debarment List


Beijing, September 29, 2020 — The Asian Infrastructure Investment Bank (AIIB) has announced the debarment of six firms and one individual relating to prohibited practices in its corporate procurement processes. Identification, investigation and debarment decisions at AIIB are guided by the Bank’s Policy on Prohibited Practices, which defines all sanctionable practices and establishes its sanctions regime.

Hamid Sharif, Managing Director of AIIB’s Complaints-resolution, Evaluation and Integrity Unit said, “the sanctions imposed on these six firms and one individual are the first under AIIB’s Policy on Prohibited Practices since the Bank began operations in 2016. They underscore AIIB’s commitment to its “Clean” value and delivers a clear message of zero tolerance for corruption in the Bank’s operations.”

The debarred firms and individual are:

  • NAME
  • PROHIBITED PRACTICE
  • DEBARMENT
  • Beijing Xin Chuang Si Te Technology Co., Ltd. (Xin Trust)(北京鑫创思特科技有限公司)
  • Fraud and collusion
  • 6 years
  • Ms. Liu Jialin(刘佳霖)
  • Collusion
  • 3 years
  • Beijing Zhi Xin Jia He Technology Developments Co., Ltd.(北京致信嘉和科技发展有限公司)
  • Fraud and collusion
  • 5 years
  • Beijing Hao Yang Lida Technology Co., Ltd.(北京昊阳利达科技有限公司)
  • Fraud and collusion
  • 5 years
  • Beijing Yuan Qiao Technology Co., Ltd.(北京远桥科技有限公司)
  • Fraud and collusion
  • 4 years
  • Beijing Zheng Qun Xin Shi Information Technology Co., Ltd.(北京正群欣世信息技术有限公司)
  • Fraud and collusion
  • 4 years
  • Beijing Wang Xin Wei Lai Information Technology Co., Ltd.(北京网信未来信息技术有限公司)
  • Fraud and collusion
  • 4 years
  • NAME
    Beijing Xin Chuang Si Te Technology Co., Ltd. (Xin Trust)(北京鑫创思特科技有限公司)
  • PROHIBITED PRACTICE
    Fraud and collusion
  • DEBARMENT
    6 years
  • NAME
    Ms. Liu Jialin(刘佳霖)
  • PROHIBITED PRACTICE
    Collusion
  • DEBARMENT
    3 years
  • NAME
    Beijing Zhi Xin Jia He Technology Developments Co., Ltd.(北京致信嘉和科技发展有限公司)
  • PROHIBITED PRACTICE
    Fraud and collusion
  • DEBARMENT
    5 years
  • NAME
    Beijing Hao Yang Lida Technology Co., Ltd.(北京昊阳利达科技有限公司)
  • PROHIBITED PRACTICE
    Fraud and collusion
  • DEBARMENT
    5 years
  • NAME
    Beijing Yuan Qiao Technology Co., Ltd.(北京远桥科技有限公司)
  • PROHIBITED PRACTICE
    Fraud and collusion
  • DEBARMENT
    4 years
  • NAME
    Beijing Zheng Qun Xin Shi Information Technology Co., Ltd.(北京正群欣世信息技术有限公司)
  • PROHIBITED PRACTICE
    Fraud and collusion
  • DEBARMENT
    4 years
  • NAME
    Beijing Wang Xin Wei Lai Information Technology Co., Ltd.(北京网信未来信息技术有限公司)
  • PROHIBITED PRACTICE
    Fraud and collusion
  • DEBARMENT
    4 years

The debarment decision makes the firms and individual, and their affiliates, ineligible to bid on future AIIB-financed projects during the sanction period. For a complete list of AIIB debarred entities, please visit the Bank's Debarment List.