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13 Jan 2009, 8:54 am
"If we knew about [the World Bank's debarment policies], we wouldn't have done it," said Suresh Senapaty, Wipro's chief financial officer.Megasoft Consultants, a unit of Megasoft Ltd., was banned in December 2007 for four years, the World Bank said, for "participating in a joint venture with bank staff while also conducting business with the bank. [read post]