A Nigerian information technology solutions company, SoftTech IT Solutions and Services Limited and its Managing Director, Mr Isah Kantigi, has been sanctioned by the World Bank for alleged corrupt practices.
The firm involved in the National Social Safety Nets Project.
It was sanctioned for 50 months while the managing director was sanctioned for 60 months,the bank said in a statement published on its website .
According to the World Bank, the firm and the managing director were sanctioned for improper payments made to certain project officials.
The statement said: “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, and the 60-month debarment of its managing director, in connection with corrupt practices as part of the National Social Safety Nets Project in Nigeria.
“The debarments make SoftTech and Mr Isah Kantigi, a Nigerian national, ineligible to participate in projects and operations financed by the World Bank Group
