Tuesday, June 23, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

AfDB imposes 12-month conditional non-debarment on Unik coy for corrupt practice

Gbemi Banks by Gbemi Banks
October 15, 2023
in Finance, News
0
AfDB

AfDB

The African Development Bank (AfDB) Group, has announced its conclusion of a negotiated settlement agreement with Unik Construction Engineering (Pty) Limited.

The AfDB in a statement on its website, said this would put an end to sanctions proceedings for a corrupt practice against the company.

”Pursuant to the negotiated settlement agreement, Unik Construction Engineering (Pty) Ltd., registered in Botswana, will be under a conditional non-debarment for a period of 12 months, effective Oct. 11.

”An investigation conducted by the Office of Integrity and Anti-Corruption of the AfDB Group established that Unik Construction Engineering (Pty) Ltd. engaged in a corrupt practice.

”This was done in the context of tenders for the construction of Raw Water Pumping Main, Water Treatment Plant and Treated Rising Main.

Construction of Treated Gravity Mains, Storage Reservoirs and Distribution Network, components of the Manzini Region Water Supply and Sanitation Project in Eswatini are also involved.

According to the statement, a representative of the company made a corrupt offer to an official involved in the procurement process.

The Manzini Region Water Supply and Sanitation Project is aimed at providing sustainable water supply and sanitation services.

It is expected to meet the potable water requirements of Manzini and surrounding areas and reduce the risk of environmental pollution of the groundwater.

This will be achieved through provision of appropriate sanitation services which will in turn improve the well-being of the inhabitants and spur economic growth in the Manzini Region.

According to the statement, during the period of conditional non-debarment, Unik Construction Engineering (Pty) Ltd. will remain eligible to participate in Bank Group-financed activities.

It said the company would however, be required to enhance its anti-bribery and its integrity compliance program.

Tags: afdbEswatiniUnik Construction Engineering
Previous Post

Obedient youths, Okigwe women pledge support for Uzodimma’s re-election bid

Next Post

Lagos to prosecute Lekki Club staffers that brutalized LASEPA officials

Next Post

Lagos to prosecute Lekki Club staffers that brutalized LASEPA officials

Borno, Adamawa, Yobe prepare for dry-season farming

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Ogundipe

Tinubu appoints ex-UNILAG VC Ogundipe as NUC Chairman

June 23, 2026

Lagos denies giving transport unions environmental enforcement powers

June 23, 2026

El-Rufai files no-case submission as DSS closes prosecution in security breach trial

June 23, 2026

France records hottest night in 80 years amid severe heatwave

June 23, 2026
Alt="Court"

Court adjourns ADC leadership dispute involving David Mark, Aregbesola to June 30

June 23, 2026

Nigeria, UK deepen fight against terrorism financing, cybercrime in new pact

June 23, 2026

Ogundiran emerges Nigerian women 100m champion, as Chukwuebuka wins record fifth title in shot put

June 23, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.