African Development Bank debars IYA S.A.R.L. for 20 months for Fraudulent Practice
The African Development Bank Group today announces the 20 months debarment of IYA S.A.R.L. with conditional release, requiring the company to complete an integrity compliance program. IYA S.A.R.L. is a construction company registered in the Republic of Mali.
An investigation conducted by the Office of Integrity and Anti-Corruption of the African Development Bank Group established that, in the context of the tender for the construction of electricity infrastructure under the Guinea-Mali Electricity Interconnection Project (“the PIEGM Project”), IYA S.A.R.L. committed a Fraudulent Practice.