- August 17, 2021
- Posted by: adminer
- Category: International
The African Development Bank (AfDB) Group, on Tuesday, announced the 18-month debarment of Sargittarius Nigeria Limited and its affiliates, including Sargittarius Henan Water Conservancy Engineering Limited, with effect from July 28.
This is according to a statement from the AfDB.
The statement noted that Sargittarius Nigeria Limited is a limited liability company registered in Nigeria.
An investigation conducted by the bank’s Office of Integrity and Anti-Corruption established that Sargittarius Nigeria Limited engaged in fraudulent practices during tenders for the construction of water infrastructure in Ibadan, Nigeria, under the Urban Water Supply and Sanitation Improvement Project.
The Urban Water Supply and Sanitation Improvement Project was aimed at improving access to safe water supply and sanitation services in the cities of Ibadan and Jalingo, Nigeria.
The project was also co-financed by the African Development Fund, an entity of the AfDB group, and the government of Nigeria.