The World Bank Group has debarred SoftTech IT Solutions and Services Nigeria Limited (SoftTech ISSL) and its Managing Director, Isah Kantigi from bidding in any of its contracts for projects and operations over alleged corrupt practices.
While the Bank barred SoftTech ISSL, a company involved in the National Social Safety Nets Project, for 50 months, it slammed a 60 month ban on Kantigi.
The sanctions were contained in a statement published on the bank’s website on Wednesday titled ‘World Bank Group debars SoftTech IT Solutions and Services Ltd. and its managing director’
It 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”, the bank added.
According to the Breton Woods institution, the company and its managing director were sanctioned for improper payments made to certain project officials.
SoftTech ISSL is registered by the Corporate Affairs Commission (CAC), as an ICT Solutions Provider, AML/CFT Trainer, Systems Integration and Software consultancy firm.
