By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
sauce.co.kesauce.co.kesauce.co.ke
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Reading: Kenyan Construction Firm Joycot Banned From AfDB Projects Over Fraud
Share
Notification Show More
Font ResizerAa
sauce.co.kesauce.co.ke
Font ResizerAa
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Search
  • News
  • Grapevine
  • Politics
  • Security
  • Business
  • Technology
  • Media
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Home » News » Kenyan Construction Firm Joycot Banned From AfDB Projects Over Fraud

Kenyan Construction Firm Joycot Banned From AfDB Projects Over Fraud

Last updated: November 14, 2023 1:08 pm
David Osoro 3 years ago
Share
1 Min Read
SHARE

The African Development Bank (AfDB) has taken action against Joycot General Contractors Limited for their involvement in fraudulent activities.

Consequently, the construction company is now blacklisted and prohibited from conducting any business with the pan-African lender for a duration of 15 months, starting from September 8, 2023.

The investigation conducted by AfDB’s Office of Integrity and Anti-Corruption revealed that Joycot General Contractors engaged in fraudulent practices during a tender process related to the construction of reticulation sewers in Kahawa West and Kahawa Sukari.

This project was a crucial component of the Nairobi Rivers Basin Rehabilitation and Restoration Programme: Sewerage Improvement Project Phase II, which aimed to enhance access, quality, availability, and sustainability of wastewater services in Nairobi City, Kenya.

AfDB issued a statement confirming that, “During the debarment period, Joycot General Contractors Ltd. will be ineligible to participate in Bank Group-financed activities.”

Furthermore, the statement outlined that “At the expiry of the debarment period, Joycot General Contractors Ltd. will only be eligible to resume participation in African Development Bank Group-financed activities after it implements an integrity compliance program consistent with the Bank’s guidelines.”

You Might Also Like

Wicknell Chivayo Reportedly Among Victims of Fatal Helicopter Crash in Zimbabwe

ODM Calls on Kenyans to Light Candles for Raila Odinga on Friday

Win For Sifuna as Tribunal Orders Reservation of Linda Mwananchi Movement Name

Bishop Kiengei Responds to Claims He Fathered Dama Wa Spares’ Third Child

Flydubai Flight to Tel Aviv Diverted to Saudi Arabia After Reported Pilot Brawl

Share This Article
Facebook Twitter Whatsapp Whatsapp Email
Previous Article High Court Clears Makadara MP George Aladwa of Incitement Charges
Next Article Kenya wins bid to host 2027 AFCON alongside Uganda, Tanzania

Latest stories

  • Wicknell Chivayo Reportedly Among Victims of Fatal Helicopter Crash in Zimbabwe
  • ODM Calls on Kenyans to Light Candles for Raila Odinga on Friday
  • Win For Sifuna as Tribunal Orders Reservation of Linda Mwananchi Movement Name
  • Bishop Kiengei Responds to Claims He Fathered Dama Wa Spares’ Third Child
  • Flydubai Flight to Tel Aviv Diverted to Saudi Arabia After Reported Pilot Brawl
  • Ruto Insists Dangote Lamu Refinery Will Proceed Despite Court Orders
  • Why Lamu Refinery Project Was Moved From Tanzania to Kenya
  • LPG Consumption Kenya 2026 Rises 14.62% as Clean Energy Use Grows
  • Sarah Kabu Exposed by Bonfire Adventures Staff for Allegedly Withholding Pay Over Simon Kabu Court Feud!

You Might Also Like

Ruto Insists Dangote Lamu Refinery Will Proceed Despite Court Orders

17 hours ago

Why Lamu Refinery Project Was Moved From Tanzania to Kenya

10 hours ago

LPG Consumption Kenya 2026 Rises 14.62% as Clean Energy Use Grows

17 hours ago

Sarah Kabu Exposed by Bonfire Adventures Staff for Allegedly Withholding Pay Over Simon Kabu Court Feud!

22 hours ago

Pages

  • About us
  • News
  • Privacy Policy
  • sauce.co.ke

Find Us on Socials

sauce.co.kesauce.co.ke
Follow US
All rights reserved. A publication of Mercury Communications KE