spot_img
spot_imgspot_img
May 12, 2026 - 9:29 PM

African Development Bank debars Global Interjapan Limited for 36 months for fraudulent practices

—

The African Development Bank Group, today announced a 36-month debarment of Global Interjapan (Kenya) Limited with effect from 24 August 2020. Global Interjapan (Kenya) Limited is a civil engineering company registered in Kenya.

An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Global Interjapan (Kenya) Limited engaged in fraudulent practices during a tender for the Bank-financed Small Scale Irrigation and Value Addition Project in Kenya.

The debarment renders Global Interjapan (Kenya) Limited and its affiliates ineligible to participate in Bank Group-financed projects during the debarment period. Additionally, the debarment qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions, including the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank Group.

At the expiry of the debarment period, Global Interjapan (Kenya) Limited will only be eligible to participate in Bank Group-financed projects on the condition that it implements an integrity compliance program consistent with the Bank’s guidelines.

The Small Scale Irrigation and Value Addition Project aimed at reducing poverty by enhancing agricultural productivity, income and food security among the residents of 11 counties in Kenya, and was co-financed by the African Development Bank, a constituent entity of the African Development Bank Group.

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Share post:

Subscribe

Latest News

More like this
Related

States Get N700bn–N800bn Monthly From Federal Government -Imo Governor 

Chairman of the All Progressives Congress (APC) Governors’ Forum...

One-Horse Race at the Etihad: Maresca Tipped as Pep’s Replacement

Manchester City has zeroed in on Enzo Maresca as...

BREAKING: Popular Nollywood Actor Alex Ekubo Dies at 41 After Battle With Cancer

Popular Nigerian actor, Alex Ekubo, is dead. Family sources revealed...

Genevieve Nnaji Returns to Acting After Eight Years in BBC Thriller Series Wahala

Nigerian actress and filmmaker Genevieve Nnaji has joined the...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x