United Kingdom, June 11 -- The European Bank for Reconstruction and Development (EBRD) has debarred Spanish company Applus Norcontrol S.L.U. and its 17 subsidiaries for 13 months in connection with a fraudulent practice relating to a real-estate project in Serbia.The project involves the construction and expansion of business facilities for science, technology and innovation parks in Serbia. After a competitive selection process, the EBRD engaged Applus Norcontrol to perform procurement and technical due diligence for the project.An investigation by the EBRD's Office of the Chief Compliance Officer (OCCO) determined that Applus Norcontrol, through one of its employees, arranged for the engagement and payment of an unapproved key expert, des...