World Bank Group Debars PricewaterhouseCoopers Associates Africa Ltd., PricewaterhouseCoopers Limited, Kenya, and PricewaterhouseCoopers Rwanda Limited
United States, March 19 -- The World Bank Group (Bank Group) today announced the 21-month debarment with conditional release of Mauritius-based PricewaterhouseCoopers Associates Africa Ltd. (PwC Associates), PricewaterhouseCoopers Limited, Kenya (PwC Kenya), and PricewaterhouseCoopers Rwanda Limited (PwC Rwanda), in connection with collusive and fraudulent practices as part of the Eastern Electricity Highway Project under the First Phase of the Eastern Africa Power Integration Program in Ethiopia.The project was designed to increase the volume and reduce the cost of electricity supply in Kenya; and to provide revenues to Ethiopia through the export of electricity from Ethiopia to Kenya. According to the facts of the case, PwC Associates, Pw...
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