World Bank Suspends Nigerian Company, MD for Bribery
THE World Bank has sanctioned a Nigerian information technology solutions company, SoftTech IT Solutions and Services Ltd. and its Managing Director, Mr Isah Kantigi, for alleged corrupt practices.
The Managing director of the company was sanctioned for 60 months; the firm was sanctioned for 50 months.
This was contained in a statement titled ‘World Bank Group debars SoftTech IT Solutions and Services Ltd. and its managing director’, which was published on the bank’s website.
It says, “The World Bank Group today announced the 50-month debarment of SoftTech IT Solutions and Services Ltd., an information technology solutions company based in Nigeria, and the 60-month debarment of its managing director, in connection with corrupt practices as part of the National Social Safety Nets Project in Nigeria.
“The debarments make SoftTech and Mr Isah Kantigi, a Nigerian national, ineligible to participate in projects and operations financed by the World Bank Group.”
The bank said the debarments of Kantigi and his entity qualify for cross-debarment by other multilateral development banks (MDBs) under the agreement for Mutual Enforcement of Debarment Decisions that was signed on April 9, 2010.
The World Bank says the firm which was involved in the National Social Safety Nets Project, and the managing director were sanctioned for improper payments made to certain project officials.
World Bank also sanctioned AIM Consultants Limited (AIM Consultants) last month, a consultancy company based in Nigeria, and its managing director, Amin Moussalli in connection with corrupt practices as part of the Nigeria Erosion and Watershed Management Project.