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

VITAL SUPPLIES AND LOGISTICS LTD

CompanyAug 13, 2013active

PIONEER CONSTRUCTION LTD

CompanyJan 6, 2015active

Hebei Construction Group Tianmian Construction Engineering Co Ltd

CompanyJul 22, 2024active

Medniza Global Merchants Limited

CompanySep 15, 2020active

CV Sugriwa Persada

CompanyJun 26, 2019active

Hebei Construction Group Corporation Limited Wuxi Branch

CompanyJul 22, 2024active

PT Kayuwaja Tatarona

CompanyFeb 12, 2007active

Jiangxi Tianfeng Construction Group Co Ltd Qingyuan Branch

CompanyJun 27, 2023active

Solid Systems of Guatemala SA

CompanySep 17, 2020active

Jiangxi Tianfeng Construction Group Co Ltd Xuanen Branch

CompanyJun 27, 2023active

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.