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

Nepal Branch Zhejiang Hydro Power Construction Group Co Ltd

CompanyJun 2, 2023inactive

Nishan Engineers Limited

CompanyNov 26, 2024active

AC OIL GAS EMIRATES LLC

CompanyJan 13, 2023active

BEULAH UNIVERSAL LINK RESOURCES LIMITED

CompanyApr 5, 2020active

Jiangxi Tianfeng Construction Group Co Ltd Fujian Branch

CompanyJun 27, 2023active

CONSIA CONSULTANTS APS

CompanyJul 28, 2017active

Hebei Construction Group Supply Chain Management Co Ltd

CompanyJul 22, 2024active

CHENNAI ENVIRO SOLUTIONS PRIVATE LIMITED

CompanyFeb 4, 2022inactive

HANOITC EXPERT JOINT STOCK COMPANY

CompanyDec 20, 2018active

4th Construction Branch of Weihai Construction Group Co Ltd

CompanyApr 4, 2022inactive

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.