African Development Bank Debars Iya S.A.R.L. for 20 Months for Fraudulent Practice

7 January 2026
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African Development Bank (Abidjan)
announcement

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.

The PIEGM Project is designed to contribute to the reinforcement of electrical energy exchanges between the countries of the West African sub-region and in particular, between Guinea and Mali, and to promote the socio-economic development of both countries through increased access of the population to high-quality, low-cost electricity.

During the debarment period, IYA S.A.R.L. and its affiliates will not be eligible to participate in Bank Group-financed activities.

At the expiry of the debarment period, IYA S.A.R.L. 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/

African Development Bank staff and the public can use secured channels of the Office of Integrity and Anti-Corruption to report sanctionable practices within the Bank or in operations financed by the Bank Group.

Secured telephone: +1 (770) 776-5658

Whistleblowing: [email protected]

Secured email address: [email protected]

Mail correspondence should be marked "CONFIDENTIAL" and sent to:

African Development Bank

Office of Integrity and Anti-Corruption (PIAC)

Immeuble du Centre de commerce International d'Abidjan (CCIA)

Avenue Jean-Paul II

01 BP 1387

Abidjan 01, Côte d'Ivoire

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