The World Bank Group has banned two Nigerian companies, Viva Atlantic Limited and Technology House Limited, and their Managing Director and CEO, Mr Norman Bwuruk Didam, for engaging in fraudulent, collusive, and corrupt practices connected to the National Social Safety Nets Project in Nigeria for 30 months.

The apex bank revealed that its investigation uncovered great violations of its Anticorruption Framework during a 2018 procurement process.

The companies and Mr Didam were found to have misrepresented conflicts of interest in bid submissions and accessed confidential tender information from public officials.

Also, Viva Atlantic Limited and its CEO falsified experience records submitted forged authorization letters and provided inducements to project officials.

More soon.