The African Development Bank Group, yesterday, announced the 48-month debarment of Gitto Costruzioni Generali Nigeria Ltd. with effect from 9 September 2022. Gitto Costruzioni Generali Nigeria Ltd. is a construction company registered under the laws of the Federal Republic of Nigeria.
An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Gitto Costruzioni Generali Nigeria Ltd. engaged in fraudulent practices during a tender for the procurement of roadworks under the Transport Sector Support Programme – Phase II: Rehabilitation of the Yaounde-Bafoussam-Babadjou Road, Improvement of the Great Zambi-Kribi Road, Improvement of the Maroua-Bogo-Pouss Road.
The rehabilitation of the Yaounde-Bafoussam-Babadjou Road, Improvement of the Great Zambi-Kribi Road aimed to respond to the urgent need for further economic development in the poorest regions of Cameroon and in the Far North and East regions.
During the debarment period, Gitto Costruzioni Generali Nigeria Ltd. will be ineligible to participate in Bank Group-financed projects.
At the expiry of the debarment period, Gitto Costruzioni Generali Nigeria Ltd. will only be eligible to resume participation in African Development Bank Group-financed projects after it implements an integrity compliance program consistent with the Bank’s guidelines.