12 Mars 2023

ABIDJAN, Ivory Coast, March 12 (Infosplusgabon) - The African Development Bank Group, on 9 March 2023, announces a 15-month debarment of Ogon-Asu Company Ltd. and its Chief Executive Officer, Mr. William Tuku Ogon, with effect from 24 February 2023. Ogon-Asu Company Ltd. is a construction company registered in the Federal Republic of Nigeria. During the debarment period, Ogon-Asu Company Ltd., its affiliates and Mr. William Tuku Ogon, will be ineligible to participate in Bank Group-financed operations and activities.  An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Ogon-Asu Company Ltd. engaged in fraudulent practices during a tender for the Provision of Equipment and Construction of Axle Load Scales/Weigh Stations along Enugu-Abakaliki-Mbok (Ogoja Junction) - Ikom-Mfum Road in Nigeria, a component of the Transport Facilitation Programme for the Bamenda-Mamfe-Ekok/Mfum-Abakaliki-Enugu Road Corridor in Cameroon and Nigeria. The investigation further established that Mr. William Tuku Ogon engaged in an obstructive practice during the investigation.