Friday, October 30, 2020

South Sudan: World Bank Suspends South Sudan Firm Over Graft Allegations

-

The World Bank has sanctioned a construction and general trade company based in South Sudan for 15 months over allegations of corruption while undertaking the Uganda Teacher and School Effectiveness Project.

At the same time, the Bank announced a 24-month sanction of India-based SAI Consulting Engineering Ltd over alleged fraud in three projects in Africa.

The $33 million project that has landed the Sudanese firm, Universal for General Construction and Trading Company, in trouble was financed by the Global Partnership for Education through the World Bank to help the Ugandan government to improve the standards in primary education.

The grant would go towards constructing in 138 schools in 31 districts; classrooms, functioning girls’ and boys’ toilets and access to water in the needy schools as well as improving teacher effectiveness. These schools were selected through a combined needs and effort-based assessment.

- Advertisement -

Read More: South Sudan aid sector ‘infected’ with bribery, local NGOs say

The three-year project would benefit more than eight million pupils from new textbooks; a million pupils from improved teacher effectiveness in early grade reading teaching; 112,000 others from new classrooms and another 80,000 from trained childhood caregivers.

They would also retrain about 20,800 teachers in primary schools on early grade reading.

Universal is alleged to have used an undeclared agent to prepare a false certificate for a bid on a school construction component of the project.

- Advertisement -

The certificate substantially and falsely inflated a prior contract’s true value. The company did not ultimately win the contract.

The debarment of the Universal announced on July 10, makes the Juba-based construction giant unqualified to participate in World Bank-financed projects for the given time.

MUST READ

FirstEnergy fires CEO, other executives over Ohio bribery scandal

FirstEnergy Corp. has fired its CEO amid multiple federal investigations related to an Ohio nuclear bailout law passed year. The Akron-based utility company announced in a...

Ukraine’s court strips critical power from anti-corruption agency

Ukraine's Constitutional Court has stripped the country’s anti-corruption agency of some of its critical powers. The high court’s ruling published on October 28 declared it...

Former South Korean President Lee Myung-bak sent back to prison for 17 years in corruption case

Former South Korean president Lee Myung-bak was ordered back to prison on Thursday (Oct 29) as the country's Supreme Court upheld a 17-year jail...

Nigerian court declines to issue international arrest warrant for fugitive ex-Petroleum Minister in corruption case

The Abuja Division of the Federal High Court, on Wednesday, refused an application by the Economic and Financial Crimes Commission, EFCC, for an arrest...

South Korea’s former Vice Justice Minister sentenced to jail for bribery and sexual favors

Former Vice Justice Minister Kim Hak-eui, the figure at the center of one of Korea’s biggest political sex scandals, was placed under pretrial detention...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

Former President of nuclear transportation company gets prison in scheme to bribe Russian official

A Maryland businessman convicted of plotting to pay a Russian official more than $1.5 million in bribes to get lucrative contracts for transporting uranium...

Bribery trial of former San Angelo police chief Tim Vasquez delayed until 2021

The trial of former San Angelo police chief Tim Vasquez will not happen until 2021, according to court documents. The trial, originally set for...

Mid-Small financial institutions to benefit from Oracle’s Anti-money laundering protection

Oracle today announced new cloud services to help mid-sized banks combat money laundering and outsmart financial crime. Oracle Financial Crime and Compliance Management Cloud Service brings...

Two U.S. Navy service members get prison for defrauding military insurance program

Two U.S. Navy service members were sentenced in San Diego federal court Friday for their roles in an insurance fraud scheme that involved making false medical claims to...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks