Beijing, China, December 10, 2018
AIIB Reaffirms Commitment to Fight Corruption
The Asian Infrastructure Investment Bank (AIIB) reaffirmed its commitment to keep its operations "Clean" - as part of its "Lean, Clean and Green" core values - during a weeklong series of activities in support of International Anti-Corruption Day, observed annually on Dec. 9.
With the theme "Integrity Starts With Me," AIIB staff and members of the Board of Directors participated in events highlighting the importance personal integrity plays in establishing a “clean” organization. AIIB hosted keynote speaker Dr. Ngozi Okonjo-Iweala, member of AIIB’s International Advisory Panel, former Finance Minister of Nigeria and former Managing Director of the World Bank Group. In her keynote, Okonjo-Iweala related her personal and often difficult experiences in fighting corruption as a senior government official.
"Personal integrity is critical in shaping AIIB’s culture of anti-corruption," said AIIB President Jin Liqun. "We are all responsible for ensuring our Bank operates at the highest standard and that our efforts to improve lives and livelihoods in Asia are never compromised."
AIIB also launched its web-based Fraud and Corruption Report Form to allow people to submit information on suspected fraud and corruption directly to AIIB’s Complaints-resolution, Evaluation, and Integrity Unit (CEIU). CEIU is an independent unit within AIIB, led by Managing Director Hamid Sharif, who reports directly to AIIB’s Board of Directors. CEIU is staffed by professional investigators who review all allegations of fraud and corruption following AIIB‘s Policy on Prohibited Practices.
"Significant fraud and corruption cases often start from whistleblowers with a strong sense of personal integrity to report such issues. We want to make it easier for all whistleblowers to report fraud and corruption directly to AIIB," Sharif said.
Firms and individuals who engage in fraud and corruption are ineligible to be awarded contracts or participate in AIIB-funded projects and activities. Over a thousand debarred entities are on AIIB’s Debarment List.
Visit www.aiib.org/integrity for more information about AIIB’s work on anti-corruption.
Beijing, China, May 09, 2019
AIIB reaches new milestone by pricing debut global bond to unlock financing for infrastructure
London, UK - The Asian Infrastructure Investment Bank (AIIB) today priced its first global bond. The five-year bond raised USD 2,500,000,000 and will drive AIIB’s priorities of investing in sustainable infrastructure, developing cross-border connectivity, and promoting Environmental, Social and Governance (ESG) investing in Emerging Asia.READ MORE
Beijing, China, April 22, 2019
AIIB Approves Membership of Côte d’Ivoire, Guinea, Tunisia, and Uruguay
The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has approved membership applications of four more countries, bringing AIIB’s total approved membership to 97.READ MORE