Integrity in Development Projects Archive

Integrity in Development Projects: African Development Bank debars CHINT Electric for 36 months for fraudulent practices

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 Abidjan, Côte d’Ivoire, May 7, 2018 – The African Development Bank Group (AfDB) on May 7, 2018, announced the conclusion of a settlement agreement with CHINT Electric Co., Ltd., a

Integrity in Development Projects: African Development Bank and Sinohydro Reach Settlement Agreement on Fraudulent Practice

Sinohydro Corporation agrees to a comprehensive verification of its compliance program by the African Development Bank following the detection of a fraudulent practice in tendering for works contracts in Uganda Abidjan, Côte d’Ivoire, June 15th, 2017 – The African Development Bank Group (AfDB) on June 15th, 2017, announced the conclusion of a settlement agreement with