'foolsrushin.'
2007-05-19 04:04:29 UTC
Considering a career with the World Bank? You might be on to a good
thing! Malservation of funds? You bet! Luncheon vouchers: don't worry,
much better than $2 dollars a day! Working late? Why not helicopter
home? With a good degree and an MBA, help us destroy lives all around
the world.[[Actually, it wouldn't surprise me if he was set up! But
they are all of one ilk! Ed.]
http://www.conspiracyplanet.com/channel.cfm?channelid=52&contentid=231
http://discuss.worldbank.org/content/interview/detail/4811/
http://www.conspiracyplanet.com/channel.cfm?ChannelID=52
**********************************
Six World Bank Officials Indicted
In Nigeria Fraud Case
Pan African News Agency
August 7, 2000
A probe panel report has indicted six World Bank officials in Nigeria
for allegedly conniving with officials of the federal agriculture
ministry to defraud the government of project funds to the tune of 100
million naira.
The private Comet newspaper Monday reported that the report was
submitted by the Justice Saidu Kawo panel that investigated
allegations of procurement irregularities in three World Bank-
assisted agricultural projects. The projects are the National Fadama
Agricultural Development Project, the National Agricultural Research
Projects, and the National Agricultural Technology Support project.
The officials did not appear before the panel, citing diplomatic
immunity.
The report said "it is crystal clear that the World Bank officials
connived with the local key officials to cause financial loss to the
federal government under the National Agricultural Research Projects."
It recommended that three of the officials directly involved with the
procurement be ordered to refund 522,577.75 pounds sterling and
561,840 US dollars to the government, being 25 percent surcharge of
the contract sum.
Explaining how the fraud was perpetrated, the report said it was done
through the procurement of obsolete and refurbished equipment at the
value of brand new ones. The equipment include 24 agricultural
tractors, vehicles, generators, transformers, seed equipment,
laboratory equipment and computers.
The report noted that some foreign companies, which bid for the
projects, were unduly favoured by the officials, saying "there were
recycling of apparently favoured companies in all the three projects."
The companies allegedly favoured include Crown Sakura Ltd (UK), which
reportedly supplied refurbished generators and tractors, First Fuji
Ltd, (Japan), refurbished tractors and vehicles and Shivind Ltd
(London), refurbished generators.
The report is the latest in a series of probes ordered by President
Olusegun Obasanjo after assuming office in 1999 to clean up the mess
left by successive military administrations, particularly in the last
15 years before he took over. Obasanjo, who had vowed to rid the
country of corruption, recently signed into law strict anti-corruption
measures passed by the National Assembly.
--
'foolsrushin.'
thing! Malservation of funds? You bet! Luncheon vouchers: don't worry,
much better than $2 dollars a day! Working late? Why not helicopter
home? With a good degree and an MBA, help us destroy lives all around
the world.[[Actually, it wouldn't surprise me if he was set up! But
they are all of one ilk! Ed.]
http://www.conspiracyplanet.com/channel.cfm?channelid=52&contentid=231
http://discuss.worldbank.org/content/interview/detail/4811/
http://www.conspiracyplanet.com/channel.cfm?ChannelID=52
**********************************
Six World Bank Officials Indicted
In Nigeria Fraud Case
Pan African News Agency
August 7, 2000
A probe panel report has indicted six World Bank officials in Nigeria
for allegedly conniving with officials of the federal agriculture
ministry to defraud the government of project funds to the tune of 100
million naira.
The private Comet newspaper Monday reported that the report was
submitted by the Justice Saidu Kawo panel that investigated
allegations of procurement irregularities in three World Bank-
assisted agricultural projects. The projects are the National Fadama
Agricultural Development Project, the National Agricultural Research
Projects, and the National Agricultural Technology Support project.
The officials did not appear before the panel, citing diplomatic
immunity.
The report said "it is crystal clear that the World Bank officials
connived with the local key officials to cause financial loss to the
federal government under the National Agricultural Research Projects."
It recommended that three of the officials directly involved with the
procurement be ordered to refund 522,577.75 pounds sterling and
561,840 US dollars to the government, being 25 percent surcharge of
the contract sum.
Explaining how the fraud was perpetrated, the report said it was done
through the procurement of obsolete and refurbished equipment at the
value of brand new ones. The equipment include 24 agricultural
tractors, vehicles, generators, transformers, seed equipment,
laboratory equipment and computers.
The report noted that some foreign companies, which bid for the
projects, were unduly favoured by the officials, saying "there were
recycling of apparently favoured companies in all the three projects."
The companies allegedly favoured include Crown Sakura Ltd (UK), which
reportedly supplied refurbished generators and tractors, First Fuji
Ltd, (Japan), refurbished tractors and vehicles and Shivind Ltd
(London), refurbished generators.
The report is the latest in a series of probes ordered by President
Olusegun Obasanjo after assuming office in 1999 to clean up the mess
left by successive military administrations, particularly in the last
15 years before he took over. Obasanjo, who had vowed to rid the
country of corruption, recently signed into law strict anti-corruption
measures passed by the National Assembly.
--
'foolsrushin.'