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.