Nigerian IT form and its managing director suspended by World Bank for corrupt practices

NIGERIAN information technology company SoftTech IT Solutions and Services and its managing director Isah Kantigi has been sanctioned by the World Bank for engaging in corrupt practices.

SoftTech IT Solutions and Services, which was involved in the National Social Safety Nets Project, was sanctioned for 50 months while the managing director was sanctioned for 60 months. This was contained in a statement published on the bank’s website titled World Bank Group debars SoftTech IT Solutions and Services and its managing director.

The statement read in part: “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.”

According to the World Bank, the firm and the managing director were sanctioned for improper payments made to certain project officials. With this suspension, Mr Kantigi is no longer allowed to participate in banking matters.