The World Bank has suspended SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, for 50 months, and its Managing Director, Mr Isah Kantigi, 60 months, over alleged bribery.
The World Bank said that the firm and its MD made improper payments to project officials.
All of this was contained in a statement titled published on the bank’s website on Wednesday.
“The World Bank Group today announced the 50-month debarment of SoftTech IT Solutions and Services Ltd., an information technology solutions company based in Nigeria, and the 60-month debarment of its managing director, in connection with corrupt practices as part of the National Social Safety Nets Project in Nigeria.
“The debarments make SoftTech and Mr Isah Kantigi, a Nigerian national, ineligible to participate in projects and operations financed by the World Bank Group,” the statement said.
