World Bank Bans Nigerian Companies, CEO for Fraudulent Practices

The World Bank Group has debarred two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their Managing Director and CEO, Mr. Norman Bwuruk Didam, due to involvement in fraudulent, collusive, and corrupt practices associated with the National Social Safety Nets Project in Nigeria. The debarment will last for 30 months.

The World Bank revealed that its investigation uncovered significant violations of its Anticorruption Framework during a procurement process in 2018. The companies and Mr. Didam were found to have misrepresented conflicts of interest in their bid submissions and unlawfully accessed confidential tender information from public officials.

Additionally, Viva Atlantic Limited and its CEO submitted falsified experience records, forged authorization letters, and provided inducements to project officials.


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