Corruption / ADB opts for a zero tolerance policy

Akinwumi Adesina, President of the AfDB.

The AfDB organized a business opportunity seminar in Abidjan, attended by about 100 economic operators from all over the world to reflect on the economic transformation of the continent and seize the business opportunities offered by the institution.

On Friday, April 5, the pan-African institution took the opportunity to inform economic operators that companies in member countries that bid on AfDB projects and are guilty of fraud or corruption, fall under the sanctions of the bank . These corrupt businesses will now be banned from business with the bank for a period of one year or more.

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