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AfDB bans consulting firm for fraud

The African Development Bank Group on
Thursday banned for 48 months, Geo Sciences International Sarl, a
consulting firm based in Yaoundé, Cameroon for alleged fraudulent
practices.
 
An investigation conducted by the Bank’s
Office of Integrity and Anti-Corruption established that GEO SCIENCES
engaged in numerous fraudulent practices in bidding for a consulting
contract under the Agro-Forestry Development Support
Project in the Democratic Republic of Congo.
 
“While participating in a tender for the
conduct of various technical, biophysical and mapping studies, the
company misrepresented its experience in conducting such studies as well
as the remuneration of the experts involved
in these studies.
 
“Further, GEO SCIENCES failed to properly disclose a potential conflict of interest.
 
“The debarment renders the consultancy firm ineligible to participate in Bank-financed projects during the debarment period.’’
 
“The debarment qualifies for
cross-debarment by other multilateral development banks under the
Agreement for Mutual Recognition of Debarment Decisions, including the
Asian Development Bank, the European Bank for Reconstruction
and Development, the Inter-American Development Bank and the World Bank
Group.’’
 
The Agro-Forestry Development Support Project was financed under the Congo Basin Forest Fund hosted by the AfDB.
 
The Office of Integrity and
Anti-Corruption of AfDB Group is responsible for preventing, deterring
and investigating allegations of corruption, fraud and other
sanctionable practices in Bank Group-financed operations.
 
 
The investigation by the Office of
Integrity and Anti-Corruption of the African Development Bank was
conducted by Mr. Mehdi KHOALI and Mr. Bouraoui JAOUADI.
 
African Development Bank staff and the
general public can use secured hotlines to report sanctionable practices
within the Bank or operations financed by the Bank Group.

 
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