<\/p>\n
The sanction relates to the Ibadan Urban Flood Management Project and Nigeria Erosion and Watershed Management Project.<\/p>\n
<\/p>\n
The Ibadan project sought to strengthen Oyo State\u2019s capacity to manage flood risks, while the erosion and watershed programme aimed to reduce communities\u2019 vulnerability to soil erosion.<\/p>\n
<\/p>\n
Idmon Engineering participated in four tenders under the flood-management project and one tender under the erosion programme between 2017 and 2021.<\/p>\n
<\/p>\n
The company submitted 12 bids, including six through a joint venture with a sister company.<\/p>\n
<\/p>\n
The World Bank Group said Idmon Engineering provided false information about average annual turnover, historical financial performance and the qualifications of key personnel.<\/p>\n
<\/p>\n
The company also allegedly submitted forged documents to satisfy tender requirements and misrepresented previous experience in two bids under one flood-management tender.<\/p>\n
<\/p>\n
The conduct constituted fraudulent practices under World Bank Group procurement guidelines.<\/p>\n
<\/p>\n
The debarment makes Idmon Engineering and any affiliates under the company\u2019s control ineligible to participate in World Bank Group-financed projects and operations for the duration of the sanction.<\/p>\n
<\/p>\n
Idmon Engineering admitted responsibility for the misconduct under a settlement agreement.<\/p>\n
<\/p>\n
The 48-month period was reduced because of the admission, cooperation with investigators, voluntary corrective measures and the company\u2019s decision not to bid for financed contracts during settlement negotiations.<\/p>\n
<\/p>\n
Idmon Engineering must develop, adopt and implement integrity-compliance measures before being released from debarment.<\/p>\n
<\/p>\n
The measures must reflect World Bank Group standards intended to prevent fraud, corruption and other misconduct in financed operations.<\/p>\n
<\/p>\n
The company must also continue cooperating fully with the World Bank Group Integrity Vice-Presidency.<\/p>\n
<\/p>\n
The sanction qualifies for enforcement by other multilateral development banks under the 2010 Agreement for Mutual Enforcement of Debarment Decisions.<\/p>\n
<\/p>\n
This means Idmon Engineering could also be excluded from projects financed by participating development institutions during the sanction period.<\/p>\n
<\/p>\n
–WorldBank\/ChannelAfrica–<\/p>\n","protected":false},"featured_media":37383,"template":"","meta":{"_acf_changed":false,"_members_access_role":[],"_members_access_error":"","_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-48889","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The World Bank Group has barred Nigerian company Idmon Engineering and Construction Company Limited from participating in financed projects for 48 months over fraudulent bidding practices.","published_date":"","news_description":"The World Bank Group has barred Nigerian company Idmon Engineering and Construction Company Limited from participating in financed projects for 48 months over fraudulent bidding practices.","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/48889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":2,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/48889\/revisions"}],"predecessor-version":[{"id":48891,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/48889\/revisions\/48891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/37383"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=48889"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=48889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}