A Kenyan IT company has been blacklisted by the African Development Bank (AFDB) over fraud.
The company, Express Automation Limited has undertaken several multi-million-shilling projects for leading multinationals and local commercial banks.
AFDB said an investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Express Automation Limited engaged in fraudulent practices during a tender for the technical security upgrade to the Bank’s Eastern Africa Regional Centre. The technical security upgrade was aimed at upgrading the existing security system in the Bank’s Eastern Africa Regional Centre in Nairobi.
During the debarment period, Express Automation Limited and its affiliates will be ineligible to participate in AFDB-financed projects.
AFDB recently banned another Kenyan firm Rockey Africa Limited and its affiliates including Aerospace Aviation, Eva-Top Agencies, Sony Commercial Agencies, Beta Trading Company, and Madujey Global Services over fraud.