AfDB debars Qualitrends Global Solutions Nigeria for 36 months for fraudulent practices
04-06-2019 09:49:09 | by: Bob Koigi | hits: 3071 | Tags:

The African Development Bank Group has announced 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.

 ATASP-1 is financed under the African Development Fund, an entity of the African Development Bank Group.

www.afdb.org