African Development Bank penalises construction company

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Pursuant to the negotiated settlement agreement, Unik Construction Engineering (Pty) Limited, registered in Botswana, will be under a conditional non-debarment for a period of 12 months, effective 11 October.

), on 13 October 2023, announced the conclusion of a negotiated settlement agreement with Unik Construction Engineering Limited, thus putting an end to sanctions proceedings for a corrupt practice against Unik Construction Engineering Limited.

An investigation conducted by the Office of Integrity and Anti-Corruption of the African Development Bank Group established that Unik Construction Engineering Limited engaged in a corrupt practice in the context of tenders for the Construction of Raw Water Pumping Main, Water Treatment Plant and Treated Rising Main and Construction of Treated Gravity Mains, Storage Reservoirs and Distribution Network, components of the Manzini Region Water Supply and Sanitation Project in Eswatini.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa Creative Market promotes economic development of creative industryThe Africa Creative Market (ACM) is an eagerly anticipated annual event that serves as a catalyst for growth in the creative economy.
Source: TheNationNews - 🏆 6. / 69 Read more »