What are considered fraud and corruption in AIIB?
- Coercive Practice: Impairing or harming, or threatening to impair or harm, directly or indirectly, any party or the property of a party to influence improperly the actions of a party.
- Collusive Practice: An arrangement between two or more parties designed to achieve an improper purpose, including to influence improperly the actions of another party.
- Corrupt Practice: The offering, giving, receiving or soliciting, directly or indirectly, of anything of value to influence improperly the actions of another party.
- Fraudulent Practice: Any act or omission, including misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation.
- Misuse of Resources: Improper use of the Bank’s resources, carried out either intentionally or through reckless disregard.
- Obstructive Practice: Any of the following practices:
- Deliberately destroying, falsifying, altering or concealing evidence material to a Bank investigation.
- Making false statements to investigators in order to materially impede a Bank investigation into allegations of a Prohibited Practice.
- Failing to comply with requests to provide information, documents or records in connection with a Bank investigation.
- Threatening, harassing or intimidating any party to prevent it from disclosing its knowledge of matters relevant to a Bank investigation or from pursuing the investigation.
- Materially impeding the exercise of the Bank’s contractual rights of audit or inspection or access to information.
- Theft: The misappropriation of property belonging to another party.
How can I report fraud and corruption in AIIB projects and activities?
What should I include in the report?
- Name of the AIIB project and country where the project is located, if known.
- Contract name or reference number, if known.
- Describe what happened using as much detail as possible (Who is involved? Where and when did this happen? How do you know about this?).
- Supporting documents such as email messages, relevant documents, copies of bids or contract, photos, recordings and other information.
- At least an email address so CEIU can contact you for additional information, if needed.
Can I submit my report anonymously?
Does AIIB have whistleblower protection?
Who reviews my report on fraud and corruption?
What happens after I submit a report?
All reports are reviewed by CEIU Investigators who will first perform a preliminary assessment of the information you have provided. More specifically, CEIU Investigators will assess whether:
- Your report is a suspected Prohibited Practice defined under the PPP.
- There is sufficient merit to proceed with an investigation based on a set of investigative and operational criteria.
- An investigation by CEIU is the most appropriate course of action.
What happens when there is a finding of fraud and corruption?
The decision of the Sanctions Officer may be appealed to the Sanctions Panel, whose decision shall be final.
AIIB follows the General Principles and Guidelines for Sanctions under the Agreement for Mutual Enforcement of Debarment Decisions (AMEDD) by major multilateral development banks.
AIIB may also refer its findings to relevant national authorities.
Where can I find AIIB’s Debarment List?
1. Policy on Prohibited Practices
2. Directive on the Policy on Prohibited Practices