Africa
AfDB Debars Chinese Firm Over Uganda Road Project Fraud
Investigations established that China Henan International Cooperation Group Company Limited engaged in a fraudulent practice when it failed to disclose the use of a commission agent while submitting a bid in the context of a tender.
The African Development Bank Group, on 28 March 2024, announces the conclusion of a negotiated settlement agreement with China Henan International Cooperation Group Company Limited, thus putting an end to sanctions proceedings for a fraudulent practice against China Henan International Cooperation Group Company Limited. Pursuant to the negotiated settlement agreement, China Henan International Cooperation Group Company Limited, registered in China, will be debarred for a period of 12 months, effective 28 March 2024.
An investigation conducted by the Office of Integrity and Anti-Corruption of the African Development Bank Group, established that China Henan International Cooperation Group Company Limited engaged in a fraudulent practice when it failed to disclose the use of a commission agent while submitting a bid in the context of a tender for the procurement of civil works for upgrading of Rukungiri-Kihihi-Ishasha/Kanungu to bituminous standard, a component of the Road Sector Support Project in Uganda.
The Road Sector Support Project is aimed at improving road access to socio-economic activities and quality of transport services levels in south-western and eastern parts of Uganda by upgrading the Rukungiri-Kihihi-Ishasha/Kanungu and Bumbobi-Lwakhakha roads from gravel to bitumen standard thereby contributing to improved standard of living of the beneficiaries; supporting the tourism industry; and promoting regional integration and cross border trade with the Democratic Republic of Congo and Kenya.
During the debarment period, China Henan International Cooperation Group Company Limited and specified affiliates will be ineligible to participate in Bank Group-financed activities.
China Henan International Cooperation Group Company Limited will be required to cooperate with the Office of Integrity and Anti-Corruption and with law enforcement agencies and regulatory authorities of African Development Bank Member Countries in their investigative functions. At the expiry of the debarment period, China Henan International Cooperation Group Company Limited will only be eligible to resume participation in African Development Bank Group-financed activities after it implements an integrity compliance program consistent with the Bank’s guidelines.
The Office of Integrity and Anti-Corruption of the African Development Bank Group is responsible for preventing, deterring and investigating allegations of corruption, fraud and other sanctionable practices in Bank Group-financed operations.
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
Karua Detained at Entebbe as Uganda Blocks Besigye Lawyer From Entering Country
How KCB and Airtel Turned Kenya’s Unbanked Into a Data Goldmine Behind a ‘Financial Inclusion’ Deal
The Chivayo Network: How a Convicted Fraudster Won Access to Presidents, Passports and Billion-Dollar Deals Across Africa
BURRIED TWICE: The Victoria Bank CEO Yogesh Pattni Files
Court Stops Transfer Of EABL Shares To Asahi By Diageo In A Fresh Snag
Death Before Justice: Stephen Ngei, Victim of Sh180 Million Laptop Tender Scam Linked to Allan Chesang, Killed in Highway Crash
Court Brands Sh1.1 Billion Fee Demand by Lawyer Victor Swanya “Excessive and Exorbitant,” Exposes How City Hall Lets Public Money Bleed Through Legal Bills
Trump Unveils New Air Force One
MR. NO SHOW: Finance Bill 2026 Exposes Ndindi Nyoro’s Political Conmanship
Billionaire Eric Muli Rebukes Musalia Mudavadi Over Nairobi Capital Relocation Debate
Businessman Philip Waithaka Kinuthia’s Minor Son Allegedly Drove Drunk, Killed Two Peponi Students in Ngong Road Horror Crash as Claims of Cover-Up Intensify
Inside NCBA’s Decline: How a Banking Giant Lost Its Strategic Edge
Cement, Cash and Courts: How the Hashu Dynasty Crushed the Ramji Brothers for Fourteen Years and Why the Walls Are Now Closing In
Standard Chartered Ghosts Haunt Joshua Oigara At Stanbic As Whistleblower Spills Beans
South Sudan: Adut Salva Kiir’s Shadow Treasury Exposed
Inside The Urban Planning Cartel That Owns Nairobi
THE VULTURE AND THE SCHEME How Nairobi West Hospital Became the Most Dangerous Institution in Kenya’s SHA Ecosystem and Why the Books Must Be Audited Now
How Adil Popat Saved His Empire On The Eve Of Imperial Bank Collapse and Why Kenya’s Mainstream Media Buried The Story
The President’s Daughter and The Missing Witness: How Adut Salva Kiir’s Shadow Treasury Silenced Its Most Dangerous Critic
Why John Ngumi Is Running From the EACC and Why the Sh415 Million Payday May Be the Least of His Worries
-
News1 week agoBusinessman Philip Waithaka Kinuthia’s Minor Son Allegedly Drove Drunk, Killed Two Peponi Students in Ngong Road Horror Crash as Claims of Cover-Up Intensify
-
Business2 weeks agoInside NCBA’s Decline: How a Banking Giant Lost Its Strategic Edge
-
Business2 weeks agoStandard Chartered Ghosts Haunt Joshua Oigara At Stanbic As Whistleblower Spills Beans
-
Africa2 weeks agoSouth Sudan: Adut Salva Kiir’s Shadow Treasury Exposed
-
Investigations4 days agoTHE VULTURE AND THE SCHEME How Nairobi West Hospital Became the Most Dangerous Institution in Kenya’s SHA Ecosystem and Why the Books Must Be Audited Now
-
Business2 weeks agoHow Adil Popat Saved His Empire On The Eve Of Imperial Bank Collapse and Why Kenya’s Mainstream Media Buried The Story
-
Africa2 weeks agoThe President’s Daughter and The Missing Witness: How Adut Salva Kiir’s Shadow Treasury Silenced Its Most Dangerous Critic
-
Business2 weeks agoWhy John Ngumi Is Running From the EACC and Why the Sh415 Million Payday May Be the Least of His Worries