World Bank blacklists 18 Nigerian firms, individuals for corruption

A list of debarred individuals and firms was presented in a new annual report, titled: ‘World Bank Group Sanctions System FY21‘.

The debarments were made by the World Bank Sanctions Board, World Bank Chief Suspension and Debarment Officer and the African Development Bank, (AfDB).

The debarments made by AfDB were recognised by World Bank, making the affected firms to be barred under the cross-debarment policy.

Based on the World Bank Sanctions Board’s decision, Mr. Elie Abou Ghazaleh and Mr. Fadi Abou Ghazaleh, alongside their firm, Abou Ghazaleh Contracting Nigeria Limited, were debarred for six months for collusive practices.

Based on the decision of the World Bank Chief Suspension and Debarment Officer, a Nigerian firm, Swansea Tools Resources, was debarred for fraudulent practices for two years and 10 months.

Referred to under Sanctions Case No 651, it was disclosed that the firm misrepresented its past experience in its bid for a road maintenance contract.

Another Nigerian firm, Juckon Construction and Allied Services Nigeria Limited, was debarred for corrupt practices for three years. Referred to under Sanctions Case No 649, it was disclosed that the firm made improper payment to a public official.

A Nigerian, Ms. Okafor Glory, was debarred for fraudulent practices for four years, while the firm involved, Unique Concept Enterprises, was debarred for five years for same reason.

Another Nigerian firm, Asbeco Nigeria Limited, was debarred for five years for corrupt practices. The matter which involved Ms. Glory and the firm, Unique Concept Enterprises, was presented under Sanctions Case No 691.

Aside from the firms mentioned so far, some firms were debarred by other multilateral organisations under cross-debarment, which makes them debarred by the World Bank.

In his opening message in the report, the World Bank Group’s David Malpass, stated that the bank had granted over $157bn to assist developing countries, as he emphasised the need for integrity and transparency standards in public finance.

He further highlighted some of the consequences of corruption, which he said could be devastating.

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