World Bank Slaps 2 Kenyan Firms with 21-Month Ban Over Ksh149.8 Billion Fraud Scheme
submitted 3 months ago by Samuelwriter_ke
submitted 3 months ago by Samuelwriter_ke
- Three firms, including two from Kenya, have been banned from World Bank projects for 21 months due to fraud and collusion in a major electricity project in Ethiopia.
- The World Bank found that these firms improperly influenced contract awards and admitted to their misconduct, leading to significant consequences for their future contracts in the region.
Advertisement
No comments yet
Be the first to share your opinion!