nderingosha
JF-Expert Member
- Mar 20, 2011
- 4,285
- 3,253
According to the Chinese country's criminal law….it is an offence for Chinese companies and Chinese nationals to bribe foreign government officials. The law applies to companies organized under Chinese law and would include Chinese companies overseas and wholly foreign-owned enterprises in China. This is according to a World Bank statement issued in Washington in July 29[SUP]th[/SUP]/ 2011…when the WB announced the debarment of China Communications Construction Company (CCCC) Limited, and all its subsidiaries, for fraudulent practices under the Phase 1 of the Philippines National Roads Improvement and Management Project.
Under the sanction, CCCC is ineligible to engage in any road and bridge projects financed by the World Bank Group until January 12, 2017. This action was based on recent changes in the World Bank sanctions system to clarify that successor organizations- through purchase or reorganization –will be subject to the same sanctions applied to the original firm.
My take:
This is the same company involved here in TZ and already under this very suspicious deal….involving the current transport ministers from the TZ government. I will take the said paid for trip to China involving Minister Mfutakamba as bribery offered by the CCCC Ltd for the port's deal……no wonder minister Nundu is trying to isolate himself from this fiasco……something is very fishy here…..we could be in for another Richmond….or Buzwagi or Kiwira here…..very sad that this is again happening under JK's government……these guys seem not to learn from their past mistakes……kweli sikio la kufa halisikii dawa…….
Source: Read about this from here: http://www.worldbank.org/en/news/20...imited-for-fraud-in-philippines-roads-project
Under the sanction, CCCC is ineligible to engage in any road and bridge projects financed by the World Bank Group until January 12, 2017. This action was based on recent changes in the World Bank sanctions system to clarify that successor organizations- through purchase or reorganization –will be subject to the same sanctions applied to the original firm.
My take:
This is the same company involved here in TZ and already under this very suspicious deal….involving the current transport ministers from the TZ government. I will take the said paid for trip to China involving Minister Mfutakamba as bribery offered by the CCCC Ltd for the port's deal……no wonder minister Nundu is trying to isolate himself from this fiasco……something is very fishy here…..we could be in for another Richmond….or Buzwagi or Kiwira here…..very sad that this is again happening under JK's government……these guys seem not to learn from their past mistakes……kweli sikio la kufa halisikii dawa…….
Source: Read about this from here: http://www.worldbank.org/en/news/20...imited-for-fraud-in-philippines-roads-project