Public Management

AfDB debars Beza Consulting Engineers PLC for 15 months for fraudulent practices

AfDB debars Beza Consulting Engineers PLC for 15 months for fraudulent practices
Thursday, 31 August 2023 19:30

The African Development Bank Group, on 29 August 2023, announced the 15-month debarment of Beza Consulting Engineers PLC and Mr. Gidey Gebrezgabher Gebremariam, with effect from 21 August 2023. Beza Consulting Engineers PLC is a consulting firm registered under the laws of Ethiopia. Mr. Gidey Gebrezgabher Gebremariam is the Chairperson of the Board and General Manager of Beza Consulting Engineers PLC.

An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Beza Consulting Engineers PLC and Mr. Gidey Gebrezgabher Gebremariam engaged in fraudulent practices during a tender for the provision of consultancy services for the Kapoeta-Boma-Raad Road Project, a component of the Transport Facilitation and Road Upgrading Studies of the Kampala-Juba-Addis Ababa-Djibouti Corridor Program.

The Kapoeta-Boma-Raad Road project was aimed at developing infrastructure connecting Uganda, South Sudan, Ethiopia and Djibouti, among others.

During the debarment period, Beza Consulting Engineers PLC and its affiliates and Mr. Gidey Gebrezgabher Gebremariam will be ineligible to participate in Bank Group-financed activities.

At the expiry of the debarment period, Beza Consulting Engineers PLC 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.

At the expiry of the debarment period, Mr. Gidey Gebrezgabher Gebremariam will only be eligible to resume participation in African Development Bank Group-financed activities upon completion of accredited business ethics and integrity training consistent with the Bank’s guidelines.

About the Office of Integrity and Anti-Corruption

The Office of Integrity and Anti-Corruption of the African Development Bank Group is responsible for preventing, deterring and investigating allegations of corruption, fraud and other sanctionable practices in Bank Group-financed operations.

For more information visit https://www.afdb.org/en/about-us/organisational-structure/integrity-and-anti-corruption/ 

African Development Bank staff and the general public can use secured hotlines of the Office of Integrity and Anti-Corruption to report sanctionable practices within the Bank or operations financed by the Bank Group.

Secured telephone: +1 (770) 776-5658     

Secured email address: investigations@iacd-afdb.org

Whistleblowing: whistleblowing@afdb.org

Mail correspondence should be marked “CONFIDENTIAL” and sent to:

African Development Bank

Office of Integrity and Anti-Corruption (PIAC)

Immeuble du Centre de commerce International d’Abidjan (CCIA)

Avenue Jean-Paul II

01 BP 1387

Abidjan 01, Côte d'Ivoire

bad

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Central Bank reduces policy rate by 25 basis points to 6.50% Move aims to back growth while maintaining rand peg Inflation forecast revised...
Saudi Exim Bank has opened its first African representative office in Casablanca, Morocco, to expand its regional footprint and boost Saudi non-oil...
Namibia confirms it has assembled the full amount necessary to redeem its largest-ever sovereign debt—$750 million due October 29. The redemption will...
Egypt plans to finalize a new debt-swap agreement with European partners before the end of 2025. The deal aims to convert part of Egypt’s external debt...

Most Read
01

• World Bank raises 2025 growth forecasts for Benin, Mali, Burkina, Côte d’Ivoire• Senegal and Niger...

World Bank Revises Up 2025 Forecasts for Four WAEMU Countries, Amid Falling Inflation
02

Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...

With 40% of Its Cocoa Traceable, Côte d’Ivoire Faces a Race to Meet New E.U. Standards
03

• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...

AfDB, BOAD join forces to expand financing for West Africa projects
04

IFC will provide up to $40 million to Banque Islamique du Sénégal (BIS) under a Mourabaha agr...

IFC Lends $40 Million to Senegal’s Islamic Bank to Triple SME Loans
05

51 partnership agreements signed at the 2025 edition of the forum Investments span energy, tr...

Senegal Investment Forum Secures $23.5bn in Commitments
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.