Asset Recovery Watch

ARW-147
Oxford University Press / World Bank Settlement
United Kingdom
N/A
Undertaking Recovery Effort, Location of Recovery Effort
2011
Art.16
Negotiated Resolution Agreement
Cooperation in investigation with the UK Serious Fraud Office
The $500,000 payment by the Oxford University Press -- "in order to remedy part of the harm done by the misconduct" - was part of its Negotiated Resolution. (Source: The World Bank Press Release, "World Bank Sanctions Oxford University Press for Corrupt Practices Impacting Education Projects in East Africa," July 3, 2012.)
Completed
Assets Returned to Victim or Requesting Jurisdiction
$500,000
Unspecified

According to the press release by the World Bank, on July 3, 2012, "The World Bank Group today announced the debarment of two wholly-owned subsidiaries of Oxford University Press (OUP), namely: Oxford University Press East Africa Limited (OUPEA) and Oxford University Press Tanzania Limited (OUPT) - for a period of three years following OUP’s acknowledgment of misconduct by its two subsidiaries in relation to two Bank-financed education projects in East Africa. The debarment is part of a Negotiated Resolution Agreement between OUP and the World Bank Group. In May 2011, investigators from the World Bank’s Integrity Vice Presidency (INT) approached OUP about potential misconduct in Africa. Following this, OUP conducted an internal investigation into its operations and reported its findings to INT. [  ] The two companies made improper payments to government officials for two contracts to supply text books in relation to two World Bank-financed projects. As a result, OUPEA and OUPT will be debarred for three years and OUP will receive a conditional non-debarment. In addition, in order to remedy part of the harm done by the misconduct, OUP has agreed to make a payment of US$500,000 to the World Bank as part of the Negotiated Resolution." (Source:  The World Bank Press Release, "World Bank Sanctions Oxford University Press for Corrupt Practices Impacting Education Projects in East Africa," July 3, 2012.) In the World Bank Intrgrity Vice Presidency's fiscal year 2012 Annual Report, the World Bank President Jim Yong Kim stated, "the World Bank Group will continue to work with patience and perseverance on the thornier parts of fighting corruption: [  ] designing an Anti-Corruption Fund that equitably and purposefully distributes recovered assets and restitution payments to those who would benefit the most."  (Source: Integrity Vice Presidency, "Annual Report Fiscal Year 2012: Finding the Right Balance," The World Bank (October 2012), at iv.

N/A (Administrative sanctions case)

UK Serious Fraud Office
World Bank Integrity Vice Presidency
World Bank Integrity Vice Presidency
N/A