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

Asian Technical Assistance Co Ltd

CompanyFeb 9, 2022active

Royal Thai Group Co Ltd

CompanyMay 22, 2024active

IP MSW SOLUTION PRIVATE LIMITED

CompanyFeb 24, 2022inactive

AARON INGENIEROS CONSTRUCTORES CONSULTORES EIRL

CompanyAug 7, 2020active

OOO FIDES SOLUTIONS

CompanyJul 22, 2019active

SUN TRANSFORMER MANUFACTURING CO LTD

CompanySep 1, 2015active

ELEQANTTIKINTI INSAAT MMCELEQANTTIKINTI INSAAT LLC

CompanyAug 21, 2015active

Shandong Lanlan Building Materials Technology Co Ltd

CompanyApr 4, 2022inactive

NANCHANG HEHONG CONSTRUCTION CO LTD

CompanyAug 4, 2021active

Mandala Agricultural Development Corporation

CompanyMay 19, 2009active

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.