World Bank Group Debars Pars Tableau Company, JSC
World Bank Group Debars Pars Tableau Company, JSC
WASHINGTON, June 18, 2025 —The World Bank Group today announced the 63-month debarment of Iran-based Pars Tableau Joint Stock Company, a supplier and general contractor for infrastructure projects. Pars Tableau was debarred for fraudulent practices in connection with the Naghlu Hydropower Rehabilitation Project and the Herat Electrification Project , both in Afghanistan.
The Naghlu Project aimed to improve dam safety and increase electricity supply at the Naghlu and Darunta Hydropower Plants, while the Herat Project sought to provide electricity to households, institutions, and businesses in select areas of Afghanistan’s Herat Province. According to the facts of the case, Pars Tableau, having won two contracts in 2020 and 2021 under each project, falsely claimed in its contracts’ bids that it had certain past experience. These claims were fraudulent practices according to the World Bank’s Anti-Corruption Framework.
The debarment makes Pars Tableau and its controlled affiliates ineligible to participate in projects and operations financed by institutions of the World Bank Group. It is part of a settlement agreement under which the company acknowledges responsibility for sanctionable practices and agrees to meet specific compliance conditions as a requirement for release from debarment.
The settlement agreement provides for a reduced period of debarment in light of the company’s voluntary remedial actions. As a condition for release from sanction under the terms of the settlement agreement, the company commits to developing and implementing integrity compliance measures that reflect the relevant principles set out in the World Bank Group Integrity Compliance Guidelines . The company also commits to continue to fully cooperate with the World Bank Group Integrity Vice Presidency.
The debarment of Pars Tableau qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions that was signed on April 9, 2010.