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The firm’s exclusion from donor-funded deals could reshape consultancy market as State seeks other advisors. Experts warn reduced access to experienced consultants could impact delivery.
According to statement by World Bank Group, the firms obtained confidential procurement information from project officials in order to improperly influence the award of a consultancy contract.
The World Bank has barred PricewaterhouseCoopers (PwC) Kenya from its projects for 21 months after the firm admitted to rigging a consultancy contract.
PwC has launched a search for buyers to acquire the business or assets of the collapsed Koko Networks Ltd, as administrators move to recover value for creditors.
Koko Networks enters administration following a regulatory standoff over carbon credit approvals.
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