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

JIANGXI HAOZHE CONSTRUCTION ENGINEERING CO LTD

CompanyDec 21, 2018active

Zhuzhou SGCC Urban Investment Construction Co Ltd

CompanyMar 7, 2024active

NJS CO LTD

CompanyNov 7, 2022active

Odebrecht Peru Engineering and Construction SAC

CompanyMar 4, 2019inactive

ODEBRECHT PERU ENGINEERING AND CONSTRUCTION SAC

CompanyMar 4, 2019inactive

Shaanxi Hongyi Automobile Sales and Service Co. Ltd.

CompanyAug 7, 2020active

Weihai Huilife Culture Communication Co Ltd

CompanyApr 4, 2022inactive

OEC Peru Infraestructura SAC

CompanySep 24, 2019inactive

Yuncai Network Technology Co Ltd

CompanyJul 22, 2024active

Weihai Aodong Metal Structure Manufacturing 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.