FTL Somalia

World Bank Blacklists Kenyan Firm for Committing Fraud in Somalia

A Kenyan firm had its name blacklisted by the World Bank over fears that it was involved in committing fraud in Somalia.

The World Bank funded the multi-million project in Somalia.

However, investigations by the global lender indicate that African Development Professional Group (ADPG) took part in fraudulent activities during the project.

ADPG is a Kenyan consultancy firm operating from its headquarters in Nairobi.

Following the blacklisting, the firm will be unable to take part in any World Bank-related project for the next 21 months.

Its subsidiaries also stand blacklisted for the same duration.

Under the Agreement for Mutual Enforcement of Debarment Decisions, ADPG could be in line for further blacklisting by other organizations.

For example, the African Development Bank (AfDB), Asian Development Bank, and the European Bank for Reconstruction and Development could blacklist it too.