United States, March 19 -- The World Bank Group today announced the two-year debarment with conditional release of Italy-based Panaque, S.R.L. ("Panaque") and its sole director, Mr. Oscar Di Santo, in connection with collusive, fraudulent, and corrupt practices as part of the Second Institutional Development and Agricultural Strengthening Project in Montenegro.The project provides funding to improve the competitiveness of agriculture and fisheries in Montenegro through enhanced delivery of government support in alignment with EU accession requirements. According to the facts of the case, between 2019 and 2020, Panaque and Mr. Di Santo had access to confidential information relating to-and were involved in the preparation of-certain aspects ...