The African Development Bank Group on 9 March 2023, announces a 15-month debarment of Ogon-Asu Company Ltd. and its Chief Executive Officer, Mr. William Tuku Ogon, with effect from 24 February 2023. Ogon-Asu Company Ltd. is a construction company registered in the Federal Republic of Nigeria.
An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that Ogon-Asu Company Ltd. engaged in fraudulent practices during a tender for the Provision of Equipment and Construction of Axle Load Scales/Weigh Stations along Enugu-Abakaliki-Mbok (Ogoja Junction) – Ikom-Mfum Road in Nigeria, a component of the Transport Facilitation Programme for the Bamenda-Mamfe-Ekok/Mfum-
The Transport Facilitation Programme for the Bamenda-Mamfe-Ekok/Mfum-
During the debarment period, Ogon-Asu Company Ltd., its affiliates and Mr. William Tuku Ogon, will be ineligible to participate in Bank Group-financed operations and activities.
At the expiration of the debarment period, Ogon-Asu Company Ltd., its affiliates and Mr. William Tuku Ogon will only be eligible to resume participation in African Development Bank Group-financed operations and activities after they implement an integrity compliance program consistent with the Bank’s guidelines.
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