AfDB blacklists Kenyan IT company over fraud

AfDB President Akinwumi Adesina. file PHOTO | NMG

The African Development Bank (AfDB) has blacklisted a Kenyan IT firm that has undertaken several multi-million shilling projects for leading multinationals and local commercial banks over fraud.

AfDB said an investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Express Automation Limited engaged in fraudulent practices during a tender for the technical security upgrade to the Bank’s Eastern Africa Regional Centre.

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