News & Insights

African Development Bank debars Sinotec Company Limited for 36 months for fraudulent practices

📅 March 20, 2023
The African Development Bank Group, on 20 April 2020, announced the debarment of Sinotec Company Limited, an energy solutions company registered in China. Pursuant to a decision by the Bank’s Sanctions Appeals Board, the company will be debarred for a period of 36 months for engaging in fraudulent practices. […] Read More