Thursday, May 06, 2010

Nature Magazine owner Macmillan publishing guilty in bribes for educational book sales

BBC: Macmillan Publishing faces a six-year ban from taking contracts financed by the World Bank after admitting bribes. Macmillan Publishing is the parent company of the prestigious "Nature" Magazine (not reportedly named in the action)."The World Bank Group has debarred Macmillan Limited... declaring the company ineligible to be awarded Bank-financed contracts for a period of six years in the wake of the company's admission of bribery payments relating to a trust fund-supported education project in Southern Sudan. ...

  • International donors have pumped millions into development projects in the African region through a

Macmillan told Reuters news agency it had reached a settlement with the bank."


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