The World Bank has put sanctions on the Rift Valley Railways (RVR) over corruption allegations during the Kenya-Uganda Railway concession agreement.
This is after it emerged that there were corrupt dealings in projects funded by the the World Bank’s.
The project was funded by World Bank's private sector arm - the International Finance Corporation (IFC).
Investigations into the projects saw the World Bank put sanctions on RVR alongside another firm, with a third one being banned from participating in the bank’s projects for two years.
“The World Bank today announced the debarment of Africa Railways Logistics Ltd for two years in connection with an employee’s attempt to improperly influence the customs and port clearance process for locomotives that were part of two investment projects by the International Finance Corporation (IFC) the private sector arm of the World Bank Group,” said the World Bank in a statement.