World Bank Sanctions 7 Nigerian Firms, Individuals Over Corrupt Practices
No fewer than seven Nigerian firms and individuals have been sanctioned by the World Bank for corruption during its 2022 fiscal year. The revelation was made in the bank’s latest Fiscal Year 2022, which covered July 1, 2021, to June 30, 2022, in the Sanctions System Annual Report. The list consists of three Nigerians and four Nigerian companies who were found guilty of corruption following investigations by the Washington-based bank.