The African Development Bank Group has explained that it banned Global Interjapan Limited of Kenya due to fraudulent practices.
A statement from the Office of Integrity and Anti-Corruption of AfDB disclosed the 36-month ban took effect from August 24, 2020.
The statement read in part, “An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Global Interjapan (Kenya) Limited engaged in fraudulent practices during a tender for the bank-financed Small Scale Irrigation and Value Addition Project in Kenya.
Read Also:
“The debarment renders Global Interjapan and its affiliates ineligible to participate in bank group-financed projects during the debarment period.”
It added that the debarment qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions, including the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank Group.
At the expiry of the debarment period, Global Interjapan will only be eligible to participate in bank group-financed projects on the condition that it would implement an integrity compliance programme consistent with the bank’s guidelines.
Get real time update about this post categories directly on your device, subscribe now.
