The company logo of Mitsubishi Motors is seen at its headquarters in Tokyo, Japan, April 27, 2016. REUTERS/Thomas Peter/File Photo The African Development Bank Group (AfDB) says it has sanctioned Mitsubishi Heavy Industries, Ltd. (MHI), over questionable practices. A statement issued by the bank on Monday in Abuja, said the sanction was issued on Feb.2. According to the statement, this matter arises in the context of the Abu Qir 1300 MW Steam Power Project (hereinafter referred to as the “Project”) in Egypt. x “On 15 January 2008, the bank entered into a loan agreement with the Arab Republic of Egypt to finance part of the project which had a broad objective of improving the electricity supply in Egypt.