The African Development Bank (AfDB) says it has barred
Qualitrends Global Solutions Nigeria Limited, a Nigerian
construction company, for 36 months.
The bank made this known in a statement released by its
communication and external relations department.
It explained that an investigation conducted by the bank’s
Office of Integrity and Anti-Corruption established that the
construction company allegedly engaged in numerous acts of fraud in
bidding for a construction contract.
The office is responsible for preventing, deterring and
investigating allegations of corruption, fraud and other
sanctionable practices in bank’s financed operations.
It disclosed that the contract was under the Agricultural
Transformation Agenda Support Programme Phase One in Nigeria
(ATASP-1).
According to the statement, while participating in a tender for
the conduct of construction of social infrastructure in Niger
state, the company misrepresented its experience in conducting such
construction contracts and submitted false bid security.
“The debarment, therefore, renders the company ineligible to
participate in bank-financed projects during the debarment period,”
the statement released on Monday read.
“The debarment qualifies for cross-debarment by other
multilateral development banks under the Agreement for Mutual
Recognition of Debarment Decisions, including the Asian Development
Bank.
“Others are the European Bank for Reconstruction and
Development, the Inter-American Development Bank and the World Bank
Group.
“ATASP-1 is financed under the African Development Fund, an
entity of the AfDB’s Group.”
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