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[QUOTE="Queen, post: 88658, member: 27"]
World Bank slapped a 21-month ban on PwC's African arms over straight-up bid-rigging cheats.

Three subsidiaries got iced out
[LIST]
[*]PwC Associates Africa Ltd in Mauritius took the hit hard.
[*]PwC Limited, Kenya, joined the debarment list too.
[*]PwC Rwanda Limited faces the same project freeze now.
[*]Ban blocks them from World Bank gigs until early release, maybe.
[/LIST]
Fraud targeted a massive power link
[LIST]
[*]Firms snagged secret bid details on the Ethiopia-Kenya line.
[*]The $1.1 billion project runs 1,068 km of high-voltage cable.
[*]Goal pushes Ethiopian hydro juice straight to Kenya and its neighbors.
[*]Eastern Africa Power Pool ties grids across eleven nations.
[/LIST]
The settlement cut the punishment short
[LIST]
[*]PwC owned up to collusive tricks during probes.
[*]Negotiated deal lets them off lighter for full cooperation.
[*]They promised internal probes plus firing the guilty ones.
[*]Extra training and ditching shady sub-consultants got included.
[/LIST]
Wider fallout keeps spreading
[LIST]
[*]African Development Bank and AFD honor the same ban too.
[*]Big Four firms might catch extra heat on future African bids.
[*]The World Bank stays ruthless on corruption since 2011.
[*]Uganda has seen tons of similar debacles before this mess.
[/LIST]
[/QUOTE]

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