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
A.P. Moller Capital raised 2.24 billion dirhams ($243 million) for APM Capital Morocco Fund, dedicated to transport and logistics. The fund...
Pictet opens first African office in South Africa Group manages $955 billion in assets South Africa hosts 41,100 dollar millionaires in...
NSIA Finance becomes NSIA Capital to reflect broader investment ambitions Group aims to mobilize more capital and expand advisory and funding...
Net profit reaches CFA413.6bn ($744m), with 21.5% margin Data and broadband fuel revenue growth of 8.3% to CFA1,923bn Board proposes CFA1,933...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
03

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
04

Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...

Morocco: Safran Announces $305 Million Investment to Build One of the World's Largest Landing Gear Plants
05

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
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.