AfDB blacklists key firm over Sh6b deal
THE STANDARD By Frankline Sunday | February 17th 2021 at 00:00:00 GMT +0300 African Development Bank (AfDB) has blacklisted a local civil engineering firm for 36 months over fraudulent practices in a Sh6.3 billion project. In a statement yesterday, AfDB said an investigation found Global Interjapan (Kenya) Ltd engaged in fraud in a five-year project meant to support poverty eradication. “The African Development Bank Group announces the 36-month debarment of Global Interjapan (Kenya) Ltd with effect from August 24, 2020,” said the bank in a statement. “An investigation conducted by...
Source: standardmedia.co.ke