Public Management

AfDB Conditionally Suspends Unik Construction for 12 Months Over Corruption

AfDB Conditionally Suspends Unik Construction for 12 Months Over Corruption
Sunday, 15 October 2023 15:25

The African Development Bank Group, on 13 October 2023 announces the conclusion of a negotiated settlement agreement with Unik Construction Engineering (Pty) Limited, thus putting an end to sanctions proceedings for a corrupt practice against Unik Construction Engineering (Pty) Limited.

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 2023.

An investigation conducted by the Office of Integrity and Anti-Corruption of the African Development Bank Group established that Unik Construction Engineering (Pty) 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. A representative of the company made a corrupt offer to an official involved in the procurement process.

The Manzini Region Water Supply and Sanitation Project is aimed at providing sustainable water supply and sanitation services. It is expected to meet the potable water requirements of Manzini and surrounding areas and reduce the risk of environmental pollution of the groundwater through provision of appropriate sanitation services which will in turn improve the well-being of the inhabitants and spur economic growth in the Manzini Region.

During the period of conditional non-debarment, Unik Construction Engineering (Pty) Limited will remain eligible to participate in Bank Group-financed activities; however, it will be required to enhance its anti-bribery and its integrity compliance program.

About the Office of Integrity and Anti-Corruption

The Office of Integrity and Anti-Corruption of the African Development Bank Group is responsible for preventing, deterring and investigating allegations of corruption, fraud and other sanctionable practices in Bank Group-financed operations.

For more information

African Development Bank staff and the general public can use secured hotlines of the Office of Integrity and Anti-Corruption to report sanctionable practices within the Bank or operations financed by the Bank Group.

Secured telephone: +1 (770) 776-5658     

Whistleblowing: whistleblowing@afdb.org

Secured email address: investigations@iacd-afdb.org

Mail correspondence should be marked “CONFIDENTIAL” and sent to:

African Development Bank

Office of Integrity and Anti-Corruption (PIAC)

Immeuble du Centre de commerce International d’Abidjan (CCIA)

Avenue Jean-Paul II - 01 BP 1387 - Abidjan 01, Côte d'Ivoire

 27539 in Agency BAD

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Orange Mali secures €80M loan to expand 4G and fiber networks Project to improve internet for 300,000 users, focus on rural...
Benin seeks $176.7M via two new bonds on WAEMU market Bonds offer 6% and 6.15% yields, maturing in 2032 and 2035 Return follows $1B...
CAR Treasury returns to market, seeks up to $88.4M via new bond lines Three- to five-year bonds to fund $12.8B national development...
Côte d'Ivoire keeps BB/B rating, but Senegal debt exposure flagged Ivorian banks now key conduit for risky Senegalese bond financing S&P...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
04

Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...

ECOWAS secures $56.7mln German support for security and governance
05

Madagascar is going through one of the most turbulent periods in its recent political history. After...

Good Governance Can Save Madagascar, Says Former Ambassador Jaona Ravaloson
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.