The company ITREALMS gathered had submitted a bid for the tender for the upgrading of the Rukungiri-Kihihi-Ishaka/Kanungu Road in Uganda, with a misrepresented fact on its date of incorporation.
So, on Friday, 17 April 2020, AfDB declared its resolve to place the company on a year conditional non-debarment. Zhongmei Engineering Group Limited is an engineering company registered in Uganda.
In addition, ITREALMS reports that an investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Zhongmei Engineering Group Limited, engaged in fraudulent practice during a bidding process under the Road Sector Support Project 5.
"While submitting a bid for the tender for the Upgrading of the Rukungiri-Kihihi-Ishaka/Kanungu Road in Uganda, the company misrepresented its date of incorporation," AfDB official confirmed.
With this development, AfDB noted that during the conditional non-debarment period, Zhongmei Engineering Group Limited remains eligible to participate in African Development Bank Group-financed projects provided it undertakes a corporate integrity compliance programme in accordance with the Bank’s Integrity Compliance Guidelines.
With this development, AfDB noted that during the conditional non-debarment period, Zhongmei Engineering Group Limited remains eligible to participate in African Development Bank Group-financed projects provided it undertakes a corporate integrity compliance programme in accordance with the Bank’s Integrity Compliance Guidelines.
"Otherwise, the conditional non-debarment will convert to a sanction of debarment with conditional release, and the company will then become ineligible to participate in African Development Bank Group-financed projects until the conditions for its release are met," ITREALMS was informed in related press statement.
Further, ITREALMS recalls that the Road Sector Support Project 5 is financed under the African Development Fund, an entity of the African Development Bank Group.
African Development Bank staff and the general public can use secured hotlines to report sanctionable practices within the Bank or operations financed by the Bank Group.
Nenye Dom/Editor
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Further, ITREALMS recalls that the Road Sector Support Project 5 is financed under the African Development Fund, an entity of the African Development Bank Group.
African Development Bank staff and the general public can use secured hotlines to report sanctionable practices within the Bank or operations financed by the Bank Group.
Nenye Dom/Editor
*JOIN our alert's group | Share stories with us | Advert placement: WhatsApp | SMS: +2348033592762 *Twitter: @ITREALMS *Email: itrealms.dsa@gmail.com*
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