Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    KahawatunguKahawatungu
    Button
    • NEWS
    • BUSINESS
    • KNOW YOUR CELEBRITY
    • POLITICS
    • TECHNOLOGY
    • SPORTS
    • HOW-TO
    • WORLD NEWS
    KahawatunguKahawatungu
    TECHNOLOGY

    Techno Brain Kenya Locked Out Of World Bank Projects following Fraud Claims

    Francis MuliBy Francis MuliOctober 13, 2020No Comments2 Mins Read
    Facebook Twitter WhatsApp Telegram Email
    Share
    Facebook Twitter WhatsApp Telegram Pinterest Email Copy Link

    Techno Brain Kenya are no longer eligible to engage or bid for any World Bank financed projects. The ICT firm was found to be engaging in fraudulent activities, prompting the 28 month debarment.

    The World Bank issued a statement yesterday explaining how Techno Brain Kenya won a tender in Liberia fraudulently. The company is said to have engaged in a plan that saw them obtain and edit confidential bidding documents to bag the contract.

    “Techno Brain Kenya was subsequently awarded the contract, even though its bid did not meet tender requirements, thus necessitating a substantial reduction in the extent of work provided under the contract,” said the World Bank.

    Read: World Bank Suspends ‘Ease of Doing Business Report’ Over Irregularities

    Techno Brain’s parent company, Techno Brain UAE was also sanctioned on grounds that it helped the Kenyan subsidiary pass its superior technical expertise as their own.

    “These actions are considered collusive and fraudulent practices, respectively, as defined by the World Bank’s Procurement Regulations,” explained the global lender, while excluding Techno Brain UAE from the list of companies eligible for its contracts for 10 months.

    The deal in question is the Integrated Public Financial Management Reform Project II in Liberia. It was designed to improve domestic revenue mobilization system and has since been renamed to the  Public Financial Management Reforms for Institutional Strengthening project.

    The project was also meant to strengthen financial control and accountability in public finances in the country.

    Read also: Kenya Set To Receive Ksh6.2 Billion From World Bank To Fight Coronavirus

    Under the debarment deal signed on April 2010, any company accused of malpractice will be required to acknowledge and take responsibility for their actions. Techno Brain Kenya’s debarment could be reviewed into an 18 month one after 10 months.

    Once the debarment lapses, the company will be eligible to take part in projects and operations financed by institutions of the World Bank Group.

    Techno Brain Kenya also faces the risk of being debarred by other multilateral development lenders such as the African Development Bank.

    Apart from Kenya and Liberia, Techno Brain won tenders to work on various projects in Rwanda, Ethiopia, Malawi, Namibia and Ghana. The ICT firm is headed by Manoj Shanker.

    Email your news TIPS to Editor@kahawatungu.com or WhatsApp +254707482874. You can also find us on Telegram through www.t.me/kahawatungu

    Stay connected via Google News
    Follow us for the latest news updates and guides.
    Add as preferred source on Google

    Email your news TIPS to Editor@Kahawatungu.com — this is our only official communication channel

    Techno Brain Kenya Techno Brain Kenya UAE
    Follow on Facebook Follow on X (Twitter)
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email
    Francis Muli
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    Follow me on Twitter @francismuli_ Email: Editor@Kahawatungu.com

    Related Posts

    Google value plunges by $500bn as AI fears rattle Wall Street

    October 30, 2026

    Microsoft profits soar days after announcing thousands of layoffs

    October 29, 2026

    Apple says it will replace iPhone Duo handsets with screen problems

    October 27, 2026

    Comments are closed.

    Latest Posts

    How Kenyans got caught in $130m US ghost student scam

    October 30, 2026

    How to Read a Tape Measure

    October 30, 2026

    How to Read an Ultrasound Report for Gender

    October 30, 2026

    How to Read Heart Rate

    October 30, 2026

    How to Read a Height Scale

    October 30, 2026

    How to Read Financial Statements of a Company

    October 30, 2026

    Teams recover woman’s body as Eastleigh building collapse rescue enters eighth day

    October 30, 2026

    Standard Group appoints Naim Bilal Yaseen as CEO

    October 30, 2026
    Facebook X (Twitter) Instagram Pinterest
    © 2026 Kahawatungu.com. Designed by Okii.

    Type above and press Enter to search. Press Esc to cancel.