The African Development Bank Group today announced the 36 months debarment of Hangzhou Fuchuan Electric Equipment Co., Ltd. with conditional release, requiring the company to complete an integrity compliance program. Hangzhou Fuchuan Electric Equipment Co., Ltd. is a construction company registered in the Peoples Republic of China.
An investigation conducted by the Office of Integrity and Anti-Corruption of the African Development Bank Group established that, in the context of tender for the construction of electricity infrastructure and supply of equipment under the Itezi-Tezhi Hydropower and Transmission Line Project in the Republic of Zambia, Hangzhou Fuchuan Electric Equipment Co., Ltd. committed Fraudulent Practice. Hangzhou Fuchuan Electric Equipment Co., Ltd. prepared falsified manufacturers' authorisations for submission during the tender process.
The Itezhi-Tezhi Hydropower plant and Transmission Line Project consist of the construction, operation and maintenance of a hydro power plant at the Itezhi-Tezhi dam on the Kafue River in Zambia, and the transmission line is to evacuate the power to substations.
During the debarment period, Hangzhou Fuchuan Electric Equipment Co., Ltd. and its affiliates will not be eligible to participate in Bank Group-financed activities.
At the expiry of the debarment period, Hangzhou Fuchuan Electric Equipment Co., Ltd. will only be eligible to resume participation in African Development Bank Group-financed activities upon evidence of satisfactory completion of an integrity compliance program consistent with the Bank's guidelines.
About the Office of Integrity and Anti-Corruption
The Office of Integrity and Anti-Corruption of the African Development Bank Group is responsible for preventing, deterring and investigating allegations of corruption, fraud and other sanctionable practices in Bank Group-financed operations.
For more information visit https://www.afdb.org/en/about-us/organisational-structure/integrity-and-anti-corruption/
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