African Development Bank debars China power company for fraudulent practices
Richard L. Cassin
May 8, 2018
The African Development Bank Monday debarred CHINT Electric Co., Ltd. for 36 months for lying about its qualifications and experience in multiple bids for ADB-financed projects.
The ADB’s Office of Integrity and Anti-Corruption said Shanghai-based CHINT is ineligible during the debarment for contracts under any African Development Bank-financed project.… Continue Reading