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Debars Sieyuan Electric

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Integrity In Development Projects: The African Development Bank Debars Sieyuan Electric And Subsidiaries For Fraud

As part of the settlement agreement with the Bank, Sieyuan is debarred for a period of 12 months, Jiangsu Rugao for 20 months Pursuant to a settlement agreement between the African Development Bank (www.AfDB.org) and Sieyuan Electric, the company will be debarred for 12 months. Jiangsu Rugao, a Sieyuan subsidiary, will be excluded from Bank-financed […]

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