World Bank Investigation & Prevention: Global Systemic Impact

The World Bank Group committed nearly $60 billion for development projects and programs in fiscal year 2017.  As the largest individual source for development finance in the world, the Bank frequently sets standards and adopts practices that spread both to other multilateral institutions as well as governments worldwide. In 2017, the Integrity Vice Presidency (INT), an independent office within the World Bank Group that investigates and pursues sanctions related to allegations of fraud and corruption in World Bank Group-financed projects, opened 51 investigations and issued 52 reports covering 68 Bank Group projects, while also providing preventative services and undertaking internal investigations. Through its Integrity Compliance Office, INT plays a preventive role by actively engaging sanctioned entities in pursuing rehabilitative measures, such as the implementation of integrity compliance programs.