Multilaterals will follow up on investigations into the Quito metro
Statement from CAF, World Bank, Inter-American Development Bank, European Investment Bank
This is an automated translation of the original press release issued in Spanish
Given the investigations of the Spanish Attorney General's Office in relation to an alleged payment of bribes for a consultancy contract for the Quito Metro, which was carried out in 2013, the European Investment Bank (EIB), the Inter-American Development Bank ( IDB), the World Bank (WB), and CAF - development bank of Latin America - will give a strict and permanent follow-up to the development and results of the investigations carried out by the corresponding judicial instances.
In all cases, the multilateral banks will comply with the internal policies and guidelines related to reporting any act of corruption in all our operations, so as to ensure the transparency of the processes that the Municipality of the Metropolitan District of Quito and the Company Metropolitan Public of the Quito Metro are executing for the start-up of the operation of the Quito Metro, for the benefit of citizens.
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