Pursuant to Sanctions Board Decision No. 122 issued in Sanctions Case No. 609, the Sanctions Board imposes sanctions of debarment with conditional release after a minimum of four years on Kenoster (Nigeria) Limited (the ¡°Respondent Firm¡±) and Mr. Ugochukwu Ezeh (the ¡°Individual Respondent¡±) (together, the ¡°Respondents¡±).
These sanctions are imposed on the Respondents for a fraudulent practice as defined in Paragraph 1.16(a)(ii) of the World Bank¡¯s Guidelines: Procurement of Goods, Works, and Non-consulting Services under IBRD Loans and Å·ÃÀÈÕb´óƬ Credits and Grants by World Bank Borrowers (January 2011)
Capsule Summary of Findings:
The Respondents were found liable for engaging in a fraudulent practice by submitting a false bid security in the Respondent Firm¡¯s bid on a Bank-financed project. The Sanctions Board found the evidence sufficient to support a finding that the Individual Respondent acted knowingly, and that the fraudulent conduct served to improve the Respondent Firm¡¯s chances of winning the Bank-financed contract. In selecting the appropriate sanction for each of the Respondents, the Sanctions Board took into account a number of relevant aggravating factors. Full discussion of the facts, allegations, and the Sanctions Board¡¯s analysis can be found in the published decision.