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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Philippines to charge firms blacklisted by WB if graft proven:govt AFP - Sunday, January 18 MANILA (AFP) - - The Philippine government said that three local companies blacklisted by the World Bank would face charges if investigations found they had won a road contract through corruption. The World Bank said on Thursday it had evidence of collusion among four Chinese and three Filipino construction firms in the bidding for a road project in the Philippines. "The government is willing to charge those involved once it can be proven they engaged in irregularities," deputy presidential spokesman Anthony Golez told local radio. The bank subsequently cancelled the tender for contracts worth a total of 33 million dollars, and banned the firms from future tenders. "No Philippine government agency was linked to the mess. Besides, this was based on the World Bank's own criteria," Golez said. "Once it is proven there are violations of our laws, that is the proper time we charge these people in the proper forum, the courts," he said. China has already called on the World Bank to provide evidence of graft by the Chinese construction firms. "The companies said there were flaws in the World Bank's investigation in terms of evidence and investigation procedures," Yao Jian, spokesman of China's commerce ministry, said in a statement posted on his ministry's website. The World Bank barred China Road and Bridge Corp. for eight years, China State Construction Corp. and China Wu Yi Co. Ltd. for six years, and China Geo-Engineering Corp. for five years. Philippine firm E.C. de Luna Construction Corp. and its sole proprietor, Eduardo de Luna, were both barred indefinitely -- the first permanent banning since 2004, the bank said. The other Philippine firms, Philip-Cavite Ideal International Construction and Development Corp. and CM Pancho Construction, Inc., were each banned for four years. The Philippine House of Representatives has said it will look into the allegations of collusion by the companies. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Parmalat eyes Goodman Fielder dairy unit -reportReuters - 27 minutes ago Indian villagers intensify protest against VedantaReuters - 37 minutes ago Emaar U.S. unit to cut jobs due to slowdown -paperReuters - 41 minutes ago Key Malaysia by-election too close to callReuters - 43 minutes ago WRAPUP 2-Russia, Ukraine meet amid hopes of gas dealReuters - 49 minutes ago Enlarge Photo Philippines to charge firms blacklisted by WB if graft proven:govt Most Popular – Business Viewed Hormone drives sexy women to infidelity, says study 'Dogs don't wear condoms,' says Baywatch star Anderson Michelle Obama's ball gown has fashionistas abuzz Israel poised to call unilateral halt to Gaza onslaught Boy George jailed for 15 months for imprisoning escort View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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