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.

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.

Read more: DevDiscourse

 


 

Print Friendly, PDF & Email