News
World Bank Blacklists Africa Development Professional Group Over Fraud
The World Bank has blacklisted a Kenyan consultancy firm that has undertaken several multi-million shilling projects for top government agencies over fraud.
The multilateral lender said an investigation conducted by the it’s corruption-fighting unit had established that Nairobi based Africa Development Professional Group (ADP), that says its provides “consultancy and advisory services on management, investments, business solutions, corporate finance and business development” had engaged in fraudulent practices during a bank funded project in Somalia.
During the debarment period of 21 months, ADP and its affiliates will be ineligible to participate in World Bank-financed projects.
“The debarment makes ADP ineligible to participate in projects and operations financed by institutions of the World Bank Group,” said the World Bank in a statement.
“The (Somalia) project was designed to strengthen the staffing and institutional capacity of selected line ministries and central agencies to perform core government functions.”
The debarment also 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 African Development Bank (AfDB).
The financial institutions, which are mostly owned and financed by governments, have been keen to curb corruption in their projects which run into billions of dollars annually.
“The debarment makes ADP ineligible to participate in projects and operations financed by institutions of the World Bank Group,” said the bank.
“It is part of a settlement agreement under which the company acknowledges responsibility for the underlying sanctionable practices and agrees to meet specified corporate compliance conditions as a condition for release from debarment.”
ADP says on its website its past clients include the Kenya’s Ministry of Lands, Housing and Urban Development, the Gambian Office of the President, the Government of Ghana, the Salaries and Remuneration Commission (Kenya) and the Department for International Development (DfID), Rwanda.
The above projects are however not related to the debarment.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
SH2 BILLION HEIST EXPOSED: How Tatu City’s Foreign Masters Used Dirty Offshore Traps, London Arbitration & Mauritius Liquidation to Strip Local Investors of Their Stake
Dimba Accused of Extorting Bank Executives in Escalating Feud
Humiliated, Handed Sh1,000 and Sent Away: Furious Residents Return Nathif Jama’s Money, Accuse Governor of Arrogance and Inhumane Treatment of Sick Woman
ICC’s Karim Khan Suspended Over Sexual Misconduct Claims
The Conquest of Tatu City, A New Zealander Story
VANISHING ACT: How China Jiangxi International Pocketed Billions in Kenyan Public Contracts, Then Walked Away
THE GROUP CHAT THAT BROKE THE CARTEL: How Kenya’s Biggest Mattress Firms Used WhatsApp to Fix Your Prices, Then Used It to Destroy Themselves
Court Upholds Gachagua Impeachment, Awards Him Sh50M In Constitutional Damages To Be Paid By Senate
Somali FIFA Referee Denied Entry To US Ahead Of 2026 World Cup: Reports
David Maraga: Kenya’s Ex-Chief Justice Arrested At Protest Against Building On National Park
Cement, Cash and Courts: How the Hashu Dynasty Crushed the Ramji Brothers for Fourteen Years and Why the Walls Are Now Closing In
Inside The Urban Planning Cartel That Owns Nairobi
Why Ruto’s Favourite Candidate Adan Mohammed Could Be Locked Out of the KRA Top Job
LifeCare on the Brink: SHA Fraud, Stolen Wages, and the Rotten Empire Jayesh Saini Built
Este Medical Kenya Fights American’s Explosive Complaints
The Rot Inside Absa: How Bank Insiders Are Looting Nairobi’s Customers
Betika Faces DCI Probe, Directors Arrest and License Revocation Over Massive 29.5 Million Safaricom Customers’ Data Breach
Inside FAFSA Fraud: How Kenyan Cybercriminals Siphoned Millions from America’s Sh12 Billion Student Loan System
Fresh Move Launched to Remove Kenya Railways MD Mainga From Office After Awarding Sh817 Million Consultancy Contract
Court Confirms Safaricom Customers Data Was Sold To Betting Companies In Seven-Year Cover-Up
-
Investigations4 days agoCement, Cash and Courts: How the Hashu Dynasty Crushed the Ramji Brothers for Fourteen Years and Why the Walls Are Now Closing In
-
Investigations3 days agoInside The Urban Planning Cartel That Owns Nairobi
-
Investigations1 week agoBetika Faces DCI Probe, Directors Arrest and License Revocation Over Massive 29.5 Million Safaricom Customers’ Data Breach
-
Investigations4 days agoFresh Move Launched to Remove Kenya Railways MD Mainga From Office After Awarding Sh817 Million Consultancy Contract
-
News2 weeks agoEight Students Arrested In Kenya After Suspected Deadly School Arson Attack
-
News1 week agoHow Uhuru’s Deal With Obama In 2015 Paved Way For America’s Ebola Plan In Kenya
-
Investigations2 weeks agoThe Invisible Hand: Al Jazeera Further Exposes How Safaricom Became The Regime’s Most Powerful Spy
-
Business5 days agoTRUST BETRAYED: How Senior DTB Bank Insiders Allegedly Looted Sh149 Million From a Customer’s Account Over Five Years