African Development Bank debars Malian company Entreprise de Construction Urbaine et Rurale
The African Development Bank Group (AfDB) on September 19, 2017, announced the debarment of Entreprise de Construction Urbaine et Rurale (ECUR) for a minimum period of three years. An investigation conducted by the AfDB’s Office of Integrity and Anti-Corruption established that ECUR engaged in a fraudulent practice in the execution of a road rehabilitation project in Mali: The company submitted a forged bank guarantee to secure an advance payment on a works contract financed by the AfDB. Upon expiry of the debarment period, ECUR shall be released provided that the company adopts and implements a code of conduct. Furthermore, ECUR’s management will be required to complete a training on corporate ethics.
About the Office of Integrity and Anti-Corruption
The Office of Integrity and Anti-Corruption of the African Development Bank Group is responsible for preventing, deterring and investigating allegations of corruption, fraud and other sanctionable practices in Bank Group-financed operations.
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African Development Bank staff and the general public can use the Office of Integrity and Anti-Corruption secured hotlines to report sanctionable practices within the Bank or operations financed by the Bank Group.