World Bank Flags $32m Discrepancy In Nigerian Water Project, Bars Firm For Fraudulent Practices
The World Bank has raised concerns over $32 million in unaccounted funds from a Nigerian water sector project, sparking fears of embezzlement and mismanagement. According to the FY2024 Sanctions System Annual Report, the Bank’s Integrity Vice Presidency (INT) discovered the discrepancies during a forensic review of the project’s financial records. EDITOR’S PICKS Trump Taps Fox … Read more