The World Bank has debarred two Nigerian companies, Viva Atlantic Limited and Technology House Limited, along with their CEO, Norman Didam, for 30 months over corrupt practices linked to the National Social Safety Nets Project (NSSNP).
The debarment, which bars their participation in World Bank-funded projects, follows findings of fraudulent actions, including falsified records, forged documents, and improper dealings with public officials.
Investigations revealed breaches of the bank’s Anti-Corruption Framework during the 2018 procurement processes.
The NSSNP aims to provide financial support to vulnerable households in Nigeria.
The sanctioned parties admitted culpability and must meet strict compliance standards for reinstatement after the debarment period.
