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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