Sanctioned entities

NIB's independent Sanctions Panel decides on sanctions, including debarments, against external legal entities and individuals investigated by the Office of the Chief Compliance Officer (OCCO) for allegations of Prohibited Practices in relation to NIB-financed projects.

The entities and individuals listed below have been debarred by NIB’s Sanctions Panel in accordance with the Investigations and Enforcement Policy.

Prohibited Practices in NIB are corrupt practices, fraudulent practices, coercive practices, collusive practices, obstructive practices, theft, money laundering and terrorist financing.

Debarred entities and individuals are ineligible to become a borrower of NIB or receive funds from NIB during the time-period indicated below:

NIB

 
Name of entity or individual
Role/Function
Place of incorporation/Nationality
Period of sanction
Sanctionable Practice
      From To  
YantarServiceBaltic LLC Simple Partnership Contractor Russian Federation 4 Oct 2018 4 Oct 2022 Fraudulent Practice & Obstruction
YantarServiceBaltic LLC Co-partner in Contractor Russian Federation 4 Oct 2018 4 Oct 2022 Fraudulent Practice & Obstruction
ST-STROY LLC Co-partner in Contractor Russian Federation 4 Oct 2018 4 Oct 2022 Fraudulent Practice & Obstruction
SK Chistograd LLC Co-partner in Contractor Russian Federation 4 Oct 2018 4 Oct 2022 Fraudulent Practice & Obstruction
Alexander Andreevich Krasnoyarov General Director of Co-partner Russian Federation 4 Oct 2018 4 Oct 2022 Fraudulent Practice & Obstruction
Maryam Magomedovna Agaeva Director of Co-partner Russian Federation 4 Oct 2018 4 Oct 2022 Fraudulent Practice & Obstruction
Vitaly Sergeyevich Kozlov General Director and Owner of Co-partner Russian Federation 4 Oct 2018 4 Oct 2020 Obstruction

 

NIB also adheres to the Cross Debarment Agreement (the “Agreement on Mutual Enforcement of Debarment Decisions”) signed among the Multilateral Development Banks. For more information, please visit the  Cross Debarment Website.