Left Menu
Development News Edition

AfDB debars Sieyuan Electric for engaging in fraudulent practice

In 2015, Sieyuan participated in a tender for the upgrade and rehabilitation of two substations, a component of the Bank-financed Scaling Up Energy Access Project in Rwanda.

AfDB | Abidjan | Updated: 16-06-2020 19:35 IST | Created: 16-06-2020 19:35 IST
AfDB debars Sieyuan Electric for engaging in fraudulent practice
As part of the settlement agreement with the Bank, Sieyuan is debarred for a period of 12 months, Jiangsu Rugao for 20 months. Image Credit: Wikipedia

The African Development Bank Group (AfDB) on June 16, 2020, announced the conclusion of a negotiated settlement agreement with Sieyuan Electric Co. Ltd., a China-based contractor, thus resolving various sanctionable practices committed by the company.

In 2015, Sieyuan participated in a tender for the upgrade and rehabilitation of two substations, a component of the Bank-financed Scaling Up Energy Access Project in Rwanda. An investigation conducted by the Bank's Office of Integrity and Anti-Corruption has concluded that Sieyuan engaged in a fraudulent practice: The company falsified its credentials in order to appear to meet the qualification criteria of the tender related to a bidder's experience. Further, the company provided falsified documentation in response to an inquiry by the Office of Integrity and Anti-Corruption, thus engaging in an additional obstructive practice. Lastly, Jiangsu Rugao HV Electric Apparatus Co., Ltd., a Sieyuan subsidiary, submitted forged certifications in the context of Sieyuan's bid in order to erroneously evidence that various components it manufactures comply with the technical requirements of the tender.

As part of the settlement agreement with the Bank, Sieyuan is debarred for a period of 12 months, Jiangsu Rugao for 20 months. The debarments render the companies ineligible to participate in Bank-financed projects during the specified period. The 20 months debarment imposed on Jiangsu Rugao qualifies for cross-debarment by the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank Group pursuant to the Agreement for Mutual Enforcement of Debarment Decisions.

By imposing a debarment of 12 months and 20 months on Sieyuan and Jiangsu Rugao, respectively, the Office of Integrity and Anti-Corruption recognizes Sieyuan's extensive cooperation with the investigation, including its partial voluntary disclosure of the sanctionable conduct. Sieyuan and Jiangsu Rugao will be released from debarment at the expiry of their respective debarment periods, subject to a successful review of the companies' integrity compliance program by the Bank.


TRENDING

OPINION / BLOG / INTERVIEW

Why COVID-19 is unstoppable in USA despite it being ranked at the top of GHS Index?

Several worst-hit countries such as Italy, France, Spain, the UK, Canada, and Russia have peaked COVID-19 cases in April. Almost all of them have gradually flattened the curve. However, the USA is setting new daily records of infections tha...

COVID-19 seems cooking biggest ever global scam

The increasing number of corruption cases on COVID-19 funds from throughout the world and involvement of high profile persons indicate that the countries cant ignore corruption in their pandemic response programs. This has generated the nee...

Health Management Information Systems lack holistic, integrated, and pandemic resilient character

Being a part of the United Nations system, the World Health Organization WHO deserves its share of rebuke for its alleged failure issue COVID-19 health emergency alerts on appropriate time. However, the pandemic has also exposed loopholes i...

Pride in the time of coronavirus: a welcome move online?

This year is different in many ways not least as celebrations are also taking place against the dramatic backdrop of a global health crisis and a resurgence in grassroots activism following the death of George Floyd in Minneapolis. ...

Videos

Latest News

U.S. sanctions four Chinese officials over abuses in Xinjiang

The United States on Thursday imposed sanctions on Chinese officials, including a member of the countrys powerful Politburo, accusing them of serious human rights abuses against the Uighur Muslim minority, a move likely to further ratchet u...

Pvt institutions can collect fees in instalments: TN to HC

In a reprieve to private educational institutions, the Tamil Nadu government on Thursday informed the Madras High Court that it has decided to permit the institutions to collect fees in three instalments during the lockdown period. The inst...

WHO, Turkey agree to office in Istanbul

The World Health Organisation and Turkey have signed an agreement to launch a WHO office in Istanbul. Speaking in the capital Ankara, Turkeys health minister says the new office personnel would work to guide needs in combating the COVID-19 ...

UP: Gangster Vikas Dubey's wife, son arrested

Hours after the arrest of gangster Vikas Dubey from Madhya Pradeshs Ujjain, his wife, son and a servant were held by the Uttar Pradesh STF here on Thursday evening. Vikas Dubeys wife Richa Dubey was arrested from her Krishna Nagar reside...

Give Feedback