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Nigeria Newspapers

World Bank bans Nigerian companies, CEO over fraudulent practices

World Bank

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The apex bank disclosed that its investigation uncovered significant violations of its Anticorruption Framework during a 2018 procurement process. The companies and Mr Didam were found to have misrepresented conflicts of interest in bid submissions and accessed confidential tender information from public officials.

Furthermore, Viva Atlantic Limited and its CEO falsified experience records submitted forged authorization letters and provided inducements to project officials.

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