Egypt: AfDB debars GE subsidiaries for Alstom bribery


Issue 389 - 28 Mar 2019
The African Development Bank (AfDB) has debarred three former Alstom companies, now subsidiaries of GE Power, from participating in its projects for periods of 76 and 12 months after an investigation found that they had engaged in bribery and fraud in relation to contracts for the construction of two Egyptian power plants.

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