Newspaper Taloussanomat, which also broke the news of Pöyry Management Consulting being black listed by the World Bank, received more comments from the institution regarding the situation. World Bank hadn’t previously clarified the issue whatsoever, just saying that the decision was due to submitting false invoices and providing improper benefits to WBG staff. Now the bank states that the decision pertains to a single gift given to a World Bank employee back in 2009 in the Asia-Pacific region. The said employee no longer works for the institution. Obviously World Bank can hardly be commended from its clarity on the matter.
Pöyry’s (OMX: POY1V) legal expert EVP of Legal and Commercial Anne Viitala slams World Bank in her comments to the magazine. She insinuates that World Bank has breached their contract confidentiality clauses when releasing such information, saying they had no right to do so. She also says that there was absolutely no corruption or improper gifts given. Pöyry will not comment more on the matter unless it is given a waiver to do so by the World Bank but is willing to do so. Police is yet to decide if it will start to investigate the issue.
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