fbpx
spot_img
Monday, December 23, 2024
More
    spot_img

    World Bank Debars Kenya’s Burhani for fraudulent practices

    Must Read

    GNB Desk
    GNB Desk
    A global media for the latest news, entertainment, music fashion, and more.
    Follow us

    The World Bank on Wednesday announced the 24-month debarment of a Kenya based engineering, procurement and construction firm for 24-month in connection with fraudulent practices as part of the Energy for Rural Transformation III Project in Uganda. 

    Burhani Engineers Ltd (Burhani) and its three subsidiaries are ineligible to participate in World Bank Group-funded projects and operations during the 24-month debarment, the World Bank said.

    According to the World Bank, Burhani misrepresented its previous experience in several submissions to mislead the selection process and win contracts under the project. The World Bank said the act constitutesfraudulent practices under its procurement guidelines. 

    As part of the settlement, Burhani acknowledged responsibility for its underlying sanctioned practices and agreed to meet certain integrity conditions to be exempt from the ban.

    According to the World Bank, the settlement agreement will shorten the deadline for companies to cooperate and voluntarily  remedial actions.

    The settlement agreement provides for a reduced period of debarment in light of Burhani Engineers Ltd.’s cooperation and voluntary remedial actions, the World Bank said.

     As a condition for release from sanction under the terms of the settlement agreement, the company commits to developing and implementing an integrity compliance program that reflects the principles set out in the World Bank Group Integrity Compliance Guidelines. 

    The company also commits to continue to fully cooperate with the World Bank Group Integrity Vice Presidency, the agency said.

    The debarment of Burhani Engineers Ltd. qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions that was signed on April 9, 2010.

    A list of all companies and individuals excluded from the World Bank can be found here.  

    Comments
    - Advertisement -spot_img
    - Advertisement -

    Latest News

    7 Ways to Get a Micromanager to Back Off (Without Losing Your Job!)

    Dealing with a micromanager can be frustrating, but with the right strategies, you can create a productive work relationship...
    - Advertisement -spot_img

    More Articles

    - Advertisement -spot_img