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Africa Business News of Monday, 20 April 2020

Source: APO Group

AfDB places ZEG on conditional non-debarment

The African Development Bank The African Development Bank

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

The African Development Bank Group (AfDB.org) on 17 April 2020, announces a 12-month conditional non-debarment of Zhongmei Engineering Group Limited, an engineering company registered in Uganda.

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.

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 program 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.