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

Wendeng Jianda Realestate Development Co Ltd

CompanyApr 4, 2022inactive

Grupo Cesa Corporation Holdings SA

CompanySep 14, 2020active

AIM Consultants Limited

CompanyFeb 25, 2022active

Xinjiang Tianshan Automobile Manufacturing Co Ltd

CompanyMar 7, 2024active

SHANGHAI HETAI CONSTRUCTION ENGINEERING CO LTD

CompanyJul 22, 2019active

Pt Pusat Pengembangan Agribisnis

CompanyOct 27, 2010inactive

Hebei Construction Group Corporation Limited Jinan Branch

CompanyJul 22, 2024active

LONGNAN WUZHE TUNNEL ENGINEERING CO LTD

CompanyDec 21, 2018active

Xinjiang Jiaotong Construction Science and Technology Institute Co Ltd

CompanyMar 7, 2024active

INNOGY SOLUTIONS INC

CompanyMar 27, 2018active

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.