Washington, Monday, January 12, 2009: The World Bank on Monday said it has
decided to debar Indian software vendors Wipro and Megasoft from directly doing
business with the bank group under its corporate procurement programme, taking
the number of large vendors debarred by it to three.
The Bank had announced debarment of Satyam Computer on December 25.
As per the Bank, Wipro has been excluded for four years till 2011 from getting
direct contracts for providing improper benefits to Bank staff.
Whereas, another IT firm Megasoft has been prohibited for four years from 2007
from getting direct contracts for participating in a joint venture with Bank
staff while also conducting business with the Bank.
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