SoftTech IT Solutions and Services Ltd., a Nigerian information technology solutions company, and its Managing Director, Mr Isah Kantigi, have been sanctioned by the World Bank for alleged corrupt practices.
The firm was sanctioned for 50 months, while the managing director was sanctioned for 60 months for his involvement in the National Social Safety Nets Project.
The World Bank Group debars SoftTech IT Solutions and Services Ltd. and its managing director, according to a statement posted on the bank’s website on Wednesday.
“The World Bank Group today announced the 50-month debarment of SoftTech IT Solutions and Services Ltd., an information technology solutions company based in Nigeria, as well as the 60-month debarment of its managing director, in connection with corrupt practices as part of the National Social Safety Nets Project in Nigeria,” according to the statement.
“SoftTech and Mr Isah Kantigi, a Nigerian national, are now ineligible to participate in World Bank Group-funded projects and operations.”
According to the World Bank, the firm and its managing director were sanctioned for making improper payments to project officials.
