World Bank debars seven Nigerian companies, individuals over corruption | TheCable

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[TOP STORY] World Bank debars seven Nigerian companies, individuals over corruption | TheCable

In addition, two Nigerian companies debarred by the African Development Bank were recognised by the World Bank under the cross-debarment policy, raising the number of debarments to seven.

According to the report, Salihu Tijani was debarred for three years and two months while Isah Kantigi was debarred for five years. The bank said the report documents how, in a time of increasingly complex global challenges and historic development support by the World Bank Group, the offices of the sanctions system worked in the fiscal year 2022 to help ensure that the WBG’s funds are used in a transparent and accountable manner and only for their intended purposes.

 

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