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Here are 11 Nigerian firms, contractors blacklisted by World Bank

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Is debarment for fraud 'fair and appropriate'?

Is debarment for fraud 'fair and appropriate'?
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World Bank Sanctions Board proceedings can be fair, flexible . . . and fast

World Bank Sanctions Board proceedings can be fair, flexible . . . and fast
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Integrity in Development Projects: African Development Bank issues Letter of Reprimand to Mitsubishi Heavy Industries Ltd. for sanctionable practice

The African Development Bank Group (“AfDB”) (www.AfDB.org), on 2 February 2021, issued a sanction decision against Mitsubishi Heavy Industries, Ltd. (“MHI”).
This matter arises in the context of the Abu Qir 1300 MW Steam Power Project (hereinafter referred to as the “Project”) in Egypt. 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. MHI, as part of a consortium, submitted a bid and was awarded the contract.
The African Development Bank considers there is sufficient evidence to support a finding that it is more likely than not that MHI engaged in sanctionable practices (misrepresentation) in the context of Abu Qir tender and contract implementation. ....

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AfDB sanctions Mitsubishi over questionable practices

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.
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“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. ....

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