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Monday, 7 May 2018

Fraudulent practices: AfDB debars CHINT Electric for 36 months

Fraudulent practices: AfDB debars CHINT Electric for 36 months

*The institution’s Office of Integrity and Anti-Corruption found the company to have engaged in numerous misrepresentations of its past experience in bidding for Bank-financed contracts 07 May 2018, Sweetcrude, Abidjan, CĂ´te d’Ivoire – The African Development Bank Group (AfDB) on May 7, 2018, announced the conclusion of a settlement agreement with CHINT Electric Co., Ltd., …

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