Frauds & Scandals | |
Frauds & Scandals | |
2042 VIEWS | |
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Saturday, April 18, 2020 /08:12 AM
/ By AfDB Group/ Header Image Credit: Invest Advocate
The African Development
Bank Group on 17 April 2020, announces a 12-month conditional non-debarment of
Zhongmei Engineering Group Limited, an engineering company registered in
Uganda.
An investigation conducted
by the Bank's Office of Integrity and Anti-Corruption established that Zhongmei
Engineering Group Limited engaged in fraudulent practice during a bidding
process under the Road Sector Support Project 5. While submitting a bid for the
tender for the Upgrading of the Rukungiri-Kihihi-Ishaka/Kanungu Road in Uganda,
the company misrepresented its date of incorporation.
During the conditional
non-debarment period, Zhongmei Engineering Group Limited remains eligible to
participate in African Development Bank Group-financed projects provided it
undertakes a corporate integrity compliance program in accordance with the
Bank's Integrity Compliance Guidelines. Otherwise, the conditional
non-debarment will convert to a sanction of debarment with conditional release,
and the company will then become ineligible to participate in African
Development Bank Group-financed projects until the conditions for its release
are met.
The Road Sector Support Project 5 is financed under the African
Development Fund, an entity of the African Development Bank Group.
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