The entities and individuals listed below have been debarred by NIB’s Sanctions Panel in accordance with the Enforcement Policy.
Prohibited Practices in NIB are corrupt practices, fraudulent practices, coercive practices, collusive practices, obstructive practices, theft, money laundering and terrorist financing.
Debarred entities and individuals are ineligible to become a borrower of NIB or receive funds from NIB during the time-period indicated below:
Name of entity or individual |
Role/Function |
Place of incorporation/Nationality | Valid from | Valid until |
Sanctionable Practice |
| YantarServiceBaltic LLC Simple Partnership | Contractor | Russian Federation | 4 Oct 2018 | 4 Oct 2022 | Fraudulent Practice & Obstruction |
| YantarServiceBaltic LLC | Co-partner in Contractor | Russian Federation | 4 Oct 2018 | 4 Oct 2022 | Fraudulent Practice & Obstruction |
| ST-STROY LLC | Co-partner in Contractor | Russian Federation | 4 Oct 2018 | 4 Oct 2022 | Fraudulent Practice & Obstruction |
| SK Chistograd LLC | Co-partner in Contractor | Russian Federation | 4 Oct 2018 | 4 Oct 2022 | Fraudulent Practice & Obstruction |
| Alexander Andreevich Krasnoyarov | General Director of Co-partner | Russian Federation | 4 Oct 2018 | 4 Oct 2022 | Fraudulent Practice & Obstruction |
| Maryam Magomedovna Agaeva | Director of Co-partner | Russian Federation | 4 Oct 2018 | 4 Oct 2022 | Fraudulent Practice & Obstruction |
NIB also adheres to the Cross Debarment Agreement (the “Agreement on Mutual Enforcement of Debarment Decisions”) signed among the Multilateral Development Banks. For more information, please visit the Cross Debarment Website.