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

DEVELOPMENT ACTION CENTRE

CompanySep 30, 2011active

Tenenge Engenharia Ltda

CompanySep 24, 2019inactive

DINAJU SA

CompanyApr 17, 2023active

Construtora OAS Guinee SA

CompanyMay 3, 2022active

New Century Decoration Co Ltd

CompanyApr 4, 2022inactive

HYDERABAD CD WASTE PRIVATE LIMITED

CompanyFeb 4, 2022inactive

HUBEI LAOGU HIGHWAY DEVELOPMENT CO LTD

CompanyDec 21, 2018active

PT KARUNIAGUNA INTISEMESTA

CompanyMar 10, 2022active

Hebei Construction Group Zhibo Construction Engineering Co Ltd

CompanyJul 22, 2024active

UPL ENVIRONMENTAL ENGINEERS LIMITED

CompanyDec 5, 2017inactive

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.