BrandsWorld Bank Sanctions Nigerian Firm, MD over Bribery

World Bank Sanctions Nigerian Firm, MD over Bribery

-

- Advertisment -spot_img
Everything on JUMIA
World Bank Sanctions Nigerian Firm, MD over Bribery
World Bank Sanctions Nigerian Firm, MD over Bribery
The Nigerian information technology solutions company, which was involved in the National Social Safety Nets Project, was sanctioned for 50 months while the managing director was sanctioned for 60 months.

According to Punch, this was contained in a statement titled ‘World Bank Group debars SoftTech IT Solutions and Services Ltd. and its managing director’, which was published on the bank’s website on Wednesday.

The statement read in part, “The World Bank Group today announced the 50-month debarment of SoftTech IT Solutions and Services Ltd., an information technology solutions company based in Nigeria, and the 60-month debarment of its managing director, in connection with corrupt practices as part of the National Social Safety Nets Project in Nigeria.

“The debarments make SoftTech and Mr Isah Kantigi, a Nigerian national, ineligible to participate in projects and operations financed by the World Bank Group.”

Flash Sales

The World Bank said the firm and the managing director were sanctioned for improper payments made to certain project officials.

newswebbshttps://newswebbs.com
New Webbs is an independent online news platform launched with the aim of connecting the world with the latest news on the web.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Benue: EFCC Arrests 6 Internet Fraudsters

The Economic and Financial Crimes Commission (EFCC) in Benue State have reportedly arrested six suspected internet fraudsters (Yahoo Yahoo) within the state.

40-year-old Woman Claims She Took Prince Harry Virginity

Sasha Walpole, a 40-year-old heavy equipment driver has disclosed to the public that she took Prince Harry's virginity at...

Mouka Partners GNOSIS To Provide Succor For Victims Of GBV

Lagos, Nigeria - Mouka, Nigeria’s preferred brand of mattresses, pillows and other sleep products, has comforted gender-based violence (GBV),...

Defamation: Sharia Court Remands Kano Tiktoker Murja

Kano, Nigeria - A Kano Upper Shari’a Court has ordered that a popular Tiktok skit maker, Murja Kunya, 24,...
- Advertisement -spot_imgspot_img

Man Sentenced For Hiding Cocaine In Airport Toilet

Lagos, Nigeria - A Federal High Court sitting in Lagos has awarded five-years jail term to Okafor Okwudili, a...

Two Died, Several Trapped As Abuja Building Collapses

Abuja, Nigeria - Two persons died and up to fifty (50) persons were reportedly trapped when a two-storey commercial...

Must read

Diaspora Presidential Debate Holds February 11 For Tinubu, Atiku, Obi, Others

The Organisation for the Advancement of Nigerians (OAN, Inc.),...

Lockdowns Facilitate Up To Tenfold Rise In Child Sexual Acts

A new data has unveiled that content of young...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you

Buy More, Save More