The revelation was made in the bank’s latest Fiscal Year 2022, which covered July 1, 2021, to June 30, 2022, in the Sanctions System Annual Report.
No fewer than seven Nigerian firms and individuals have been sanctioned by the World Bank for corruption during its 2022 fiscal year.The revelation was made in the bank’s latest Fiscal Year 2022, which covered July 1, 2021, to June 30, 2022, in the Sanctions System Annual Report.The list consists of three Nigerians and four Nigerian companies who were found guilty of corruption following investigations by the Washington-based bank.
For instance, one Mr Salihu Tijani was blacklisted for three years and two months, while Mr Isah Kantigi was blacklisted for five years, The PUNCH reports. The third Nigerian, Amin Moussalli, was blacklisted for two years and 10 months, with additional conditional non-debarment for one year and six months.Out of the four companies, two were sanctioned by the African Development Bank, but recognised by other multilateral organisations, including the World Bank under the cross-debarment policy.
Wow Congratulations to those involved 😂😂
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