World Bank bans two Nigerian companies and CEO over alleged fraud

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The World Bank has imposed a 30-month debarment on two Nigerian companies, Viva Atlantic Limited, alongside their Managing Director and Chief Executive Officer, Norman Didam.

The 30-month debarment bars Viva Atlantic Limited, Technology House Limited, and Didam from participating in World Bank Group- financed projects and operations.

A statement by the Washington-based bank says the sanction follows findings of fraudulent, collusive and corrupt practices connected to the National Social Safety Nets Project, NSSNP, in Nigeria.

-9News Nigeria.

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About James Moses 3242 Articles
James Moses is a 9News Nigeria news correspondent reporting from Jos, Plateau State. He is an experienced writer, journalist and blogger. He is passionate and flair for Politics, Sports and Entertainment reporting. Contact James Moses via his email address: jjmoses00@gmail.com