( AfDB ) – The African Development Bank Group, on 28 April 2021, publicizes the 36 month debarment of Maxicare Company (Nigeria) Limited with impact from 23 February 2021. Maxicare Company (Nigeria) Limited is a restricted legal responsibility firm registered within the Federal Republic of Nigeria.
An investigation performed by the Bank’s Office of Integrity and Anti-Corruption established that Maxicare Company (Nigeria) Limited engaged in collusive and fraudulent practices throughout a young for the development of weigh stations and provide of kit beneath the Transport Facilitation Program for the Bamenda-Mamfe-Abakaliki-Enugu Road Corridor connecting (*36*) and Nigeria.
The debarment renders Maxicare Company (Nigeria) Limited and its associates ineligible to take part in Bank Group-financed initiatives through the debarment interval. Additionally, the debarment qualifies for cross-debarment by different multilateral improvement banks beneath the Agreement for Mutual Enforcement of Debarment Decisions, together with the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank Group.
At the expiry of the debarment interval, Maxicare Company (Nigeria) Limited will solely be eligible to take part in Bank Group-financed initiatives given that it implements an integrity compliance program per the Bank’s pointers.
The Transport Facilitation Program for the Bamenda-Mamfe-Abakaliki-Enugu Road Corridor is aimed toward growing commerce and strengthening cooperation usually between the international locations of the Economic Community of Central African States and these of the Economic Community of West African States and between (*36*) and Nigeria specifically. It was co-financed by the African Development Fund, an entity of the African Development Bank Group.
About the Office of Integrity and Anti-Corruption
The Office of Integrity and Anti-Corruption of the African Development Bank Group is accountable for stopping, deterring and investigating allegations of corruption, fraud and different sanctionable practices in Bank Group-financed operations. For extra info go to https://www.afdb.org/en/about-us/organisational-structure/integrity-and-anti-corruption/
African Development Bank employees and most people can use secured hotlines to report sanctionable practices inside the Bank or operations financed by the Bank Group. Secured phone: +1 (770) 776-5658. Secured e mail server: [email protected]
Mail correspondence ought to be marked “CONFIDENTIAL” and despatched to:
African Development Bank
Office of Integrity and Anti-Corruption (PIAC)
Immeuble du Centre de commerce International d’Abidjan (CCIA)
Avenue Jean-Paul II 01 BP 1387 Abidjan 01, Côte d’Ivoire
