THE WORLD BANK HAS DEBARRED A NIGERIAN TECHNOLOGY COMPANY AND ITS MANAGING DIRECTOR FOR CORRUPT PRACTICES CONNECTED TO A PROJECT IN NIGERIA

On 30 March, the FCPA Blog reported that the World Bank had debarred from projects SoftTech IT Solutions and Services Ltd for 4 years and 2 months, and its managing director Isah Salihu Kantigi for 5 years. As usual, the debarment also qualifies for cross-debarment by the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, and the African Development Bank.

https://fcpablog.com/2022/03/30/world-bank-debars-technology-company-and-md-for-appreciation-payments-to-project-officials/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017