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The Independent Review Mechanism - Annual Report 2016

13-Dec-2017

The complainants and the CSOs are to be commended for their continued cooperation with the IRM. The Bank Management and the borrowers’ commitments towards fulfilling the remedial actions were also instrumental in redressing the plight of the affected people. The new Spot Check Advisory Review of Project Compliance function of the IRM that enables an investigation to be triggered about a project from within the Bank is proof positive of institutional learning. The first advisory review report issued in 2016 informed Management about certain infringements to Bank Group policies and procedures applicable to the Tanzania Road Sector II project, and underscored the need to make our clients fully aware of the Bank Group safeguards policies.

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