CAO: KEDS Privatization in full compliance with international standards
Prishtina, 15 April 2013 – The World Bank Ombudsman (Compliance Advisor Ombudsman – CAO), assessed that IFC conduct and KEDS privatization were carried out in full compliance with international standards. This assessment of the Appeals Advisor and the World Bank Ombudsman from New York, comes after the diligent review of complains submitted by a Kosovar group of civil society representatives regarding the privatization of NewCo Kosovo Electricity Distribution and Supply (KEDS), and concludes that IFC has conducted the project in compliance with the applicable procedures and international standards.










