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

NORTEX LINK LLP

CompanyFeb 7, 2018active

SDC Consulting Co Ltd

CompanyOct 9, 2008active

Xinjiang Jiaotong Airport Logistics Technology Co Ltd

CompanyMar 7, 2024active

OAO DUSTLIK

CompanyFeb 5, 2013active

PT JAYA ETIKA TEKNIK

CompanyMar 19, 2021active

ROCHA Professional Engineering and Trade Services

CompanyDec 21, 2015inactive

PT CITRA GADING ASRITAMA

CompanyFeb 25, 2013active

Branch of Royal Road Limited

CompanyFeb 9, 2022active

Licita Distributor Commerce and Services Eireli

CompanyDec 15, 2023active

Jiangxi Tianfeng Construction Group Co Ltd Zhangshu Branch

CompanyJun 26, 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.