Asian Development Bank Sanctions

The Asian Development Bank (ADB) imposes sanctions to maintain integrity and ensure fair practices in its operations. These sanctions are applied to individuals, firms, or organizations found to have committed fraud, corruption, or other unethical behaviors during ADB-Funded projects. The goal is to protect the adb’s financial resources and promote accountability.

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1,632 Entities in Asian Development Bank Sanctions
Entity NameEntity TypeEffective DateStatus

ZHONGKE LIFE SCIENCE TECHNOLOGY

CompanySep 12, 2012active

Jiangxi Huadan Construction Research and Design Co Ltd

CompanyJun 26, 2023active

Bozhou Qihang Transportation Construction Co Ltd

CompanyJul 22, 2024active

CLOSED JOINT STOCK CO SHARORA

CompanyAug 21, 2013active

KRG ASSOCIATES

CompanyFeb 24, 2015active

Colas Madagascar SA

CompanyFeb 25, 2022inactive

HUNAN ALLONWARD HYDROGENERATING EQUIPMENT CO LTD

CompanyMar 16, 2021active

Hebei Zhuocheng Engineering Inspection Co Ltd

CompanyJul 22, 2024active

TUNISIA WORKS COMPANY

CompanyMar 4, 2019active

Hebei Construction Group Corporation Limited Guangzhou Branch

CompanyJul 22, 2024active

FAQs

Why is compliance with Asian Development Bank Sanctions necessary?

Compliance with sanctions imposed by the Asian Development Bank (ADB) is crucial for several reasons. First, these sanctions aim to promote fairness and integrity in development projects. By adhering to ADB sanctions, organizations help maintain a level playing field, ensuring that all entities operate according to the same standards.

Which companies should comply with Asian Development Bank Sanctions?

Businesses in sectors like finance, construction, and technology must comply with Asian Development Bank (ADB) sanctions. Compliance is crucial as it helps prevent financial dealings with restricted entities. Following these sanctions safeguards your organization from legal risks and promotes ethical practices, ensuring you do not inadvertently support activities that harm regional stability and growth.