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Wipro eligible to apply for vendor status: World Bank
PTI
Last Updated IST

“Wipro has served their full 4 year sanction period (June 13, 2007 to June 12, 2011) for the sanctionable practice of providing improper benefits to Bank staff,” a World Bank spokesperson from Washington told PTI.

Wipro was banned in June 2007 from doing business with the group under its corporate procurement programme, which, however, came to light only in January 2009. Wipro had denied allegations of providing improper benefits to Bank staff. The lender said Wipro has indicated its interest in doing business with the World Bank, “but they are not in discussions with us”.

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(Published 30 June 2011, 20:39 IST)