T h e S a n c t i o n s P r o c ess
OCFC can also recommend additional actions and/or recommend to the President that the case be referred to National Authorities
OII recommends sanctions
OCFC agrees and refers case to Sanctions Committee*
OII prepares Notice of Charges for Sanctions Committee to send to Respondents
OCFC may temporarily suspend respondent’s eligibility to participate in IDB Groupfinanced operations
Copies of Notice of Charges are also given to the Member of the Board of Executive Directors for the country of residence of the respondent
Respondent has 60 days to file written response
OII has 20 days to file reply
Respondent has 20 days to file second reply
Sanctions Committee makes decision and determines any sanction
Names of sanctioned parties and type and length of sanction will be posted on the Bank’s website
OCFC: Oversight Committee of Fraud and Corruption OII: Office of Institutional Integrity Respondent Sanctions Committee
* Cases involving private sector lending activities or investment by the Multilateral Investment Fund are not referred to the Sanctions Committee; rather, OCFC retains jurisdiction throughout the process
Office of Institutional Integrity | Annual Report 2006
www.iadb.org/oii | 45