AfDB debars Qualitrends Global Solutions Nigeria Ltd for 36 months, for fraudulent practices

Business News

 

The African Development Bank Group on 3 June 2019, announces the debarment of Qualitrends Global Solutions Nigeria Limited, a construction company registered in Nigeria, for a period of 36 months.

An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Qualitrends Global Solutions Nigeria Limited engaged in numerous acts of fraud in bidding for a construction contract under the Agricultural Transformation Agenda Support Program Phase One in Nigeria (ATASP-1).

While participating in a tender for the conduct of construction of social infrastructure in Niger State of Nigeria, the company misrepresented its experience in conducting such construction contracts and submitted a false bid security.

The debarment renders the company ineligible to participate in Bank-financed projects during the debarment period.

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, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank Group.


Picture above: AfDB President, Adewunmi Adeshina


Source: afdb

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