• Latest
  • Trending
  • All
FRAUD: Another Chinese Company in Nigeria, China Zhonghao Limited Banned for 18 Months over Malpractices

FRAUD: Another Chinese Company in Nigeria, China Zhonghao Limited Banned for 18 Months over Malpractices

April 20, 2020
Ex-VP Osinbajo to Lead Speakers at 5th Open Day for Gardeners

Ex-VP Osinbajo to Lead Speakers at 5th Open Day for Gardeners

August 28, 2026
Tech Entrepreneur, OED Marks 40th Birthday in Grand Style with Book Launch, Foundation Unveiling

Tech Entrepreneur, OED Marks 40th Birthday in Grand Style with Book Launch, Foundation Unveiling

August 24, 2026
Lagos Police Arrest 39 Suspects Over Coastal Road Vandalism, Robbery, Cultism

Lagos Police Arrest 39 Suspects Over Coastal Road Vandalism, Robbery, Cultism

August 20, 2026
How Primate Ayodele Warned Kenya Against Aircraft Crash In June

How Primate Ayodele Warned Kenya Against Aircraft Crash In June

August 20, 2026
Police Arrest Chinese Man Over Alleged Sexual Assault of Male Employee, Set to Charge Him to Court

Police Arrest Chinese Man Over Alleged Sexual Assault of Male Employee, Set to Charge Him to Court

August 20, 2026
Police Arrest Self-Proclaimed ‘Olu of Ikeja’, Set to Arraign Him Over Alleged Impersonation

Police Arrest Self-Proclaimed ‘Olu of Ikeja’, Set to Arraign Him Over Alleged Impersonation

August 19, 2026
Zenith Bank’s 10th Non-Oil Export Seminar to Feature NEXIM, Customs, NIPC Chiefs, Other Trade Leaders

Zenith Bank’s 10th Non-Oil Export Seminar to Feature NEXIM, Customs, NIPC Chiefs, Other Trade Leaders

August 18, 2026
GMCE: Building specialist healthcare

GMCE: Building the Specialist Healthcare Capacity Nigerians Have Long Sought Abroad

August 17, 2026
Odu’a Investment Secures AA-(NG) Rating from GCR

Odu’a Investment Secures AA-(NG) Rating from GCR

August 17, 2026
AMCE, GMCE Explore Collaboration

GMCE, AMCE Join Forces to Tackle Medical Tourism, Brain Drain

August 3, 2026
Odu'a Investment Inaugurates Kasali as Group Chairman, Unveils Growth Agenda

Odu’a Investment Inaugurates Kasali as Group Chairman, Unveils Growth Agenda

August 3, 2026
Zenith Bank’s 10th Non-Oil Export Seminar to Feature NEXIM, Customs, NIPC Chiefs, Other Trade Leaders

Zenith Bank Widens the Gap: Inside Nigeria’s Best-in-Class Lender

July 29, 2026
FEATURE! What to Know About Qantas Project Sunrise: First 24-Hour Nonstop Flight Between London and Australia

FEATURE! What to Know About Qantas Project Sunrise: First 24-Hour Nonstop Flight Between London and Australia

July 29, 2026
What Primate Ayodele Said About US-Israel-Iran War

ANALYSIS! Netanyahu’s Masterstroke: How Israel Kept Trump Locked on Iran While the World Bled

July 29, 2026
Alleged N450m Land Scam: Police to Arraign Lilyworth Homes CEO, Nnenne Nwizu as Victims Cry Out

Alleged N450m Land Scam: Police to Arraign Lilyworth Homes CEO, Nnenne Nwizu as Victims Cry Out

July 25, 2026
INVESTIGATION! Ajiran Double Murder, Lagos Police and Social Media Trial

INVESTIGATION! Ajiran Double Murder, Lagos Police and Social Media Trial

July 16, 2026
Wednesday, September 2, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Crime/General

FRAUD: Another Chinese Company in Nigeria, China Zhonghao Limited Banned for 18 Months over Malpractices

by TheConscience NG
April 20, 2020
in Crime/General, Featured
1
FRAUD: Another Chinese Company in Nigeria, China Zhonghao Limited Banned for 18 Months over Malpractices
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

Screenshot 20200420 170818

Screenshot 20200420 170907

By Israel Bolaji,

In the wake of global query and anger over China’s alleged complicity in the origin of COVID-19 pandemic as well as the general perception in Nigeria that Chinese businesses thrive on sharp practices, another Chinese company in Nigeria, China Zhonghao Nigeria Limited has been found guilty of fraudulent practices and banned for 18 months by the African Development Bank (AfDB).

TheConscienceng.com reports that the Continental Bank on Monday announced the debarment of China Zhonghao, a civil engineering company registered in Nigeria, effective April 14.

Our investigation gathered that the integrated Water and Civil Engineering company, established in 2002, was the first overseas branch company of Zhonghua Overseas Construction Engineering Ltd, an authorized overseas engineering contracting enterprises by Ministry of Commerce of the People’s Republic of China.

READ MORE:  Fake Bayelsa Muslim Pilgrims Coordinator Bags 28 Year for N12m Scam

The company’s debarment followed an investigation conducted by the Bank’s Office of Integrity and Anti-Corruption which established that China Zhonghao Nigeria Limited as a member of a joint venture with Oceanic Construction and Engineering Nigeria Ltd., was jointly responsible for its joint venture partner’s fraudulent misrepresentations of its year of incorporation, the value of its reference contracts, and the experience of its key personnel, while bidding for two tenders under the Bank-financed Urban Water Supply and Sanitation Improvement Project in Nigeria.

The sanction means that China Zhonghao Nigeria Limited and its affiliates become ineligible to participate in Bank-financed projects during the debarment period.

By extension, the debarment qualifies for cross-debarment by other multilateral development banks under the Agreement for Mutual Enforcement of Debarment Decisions, including the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank Group.

READ MORE:  US President Biden makes new declaration on plans to legalize marijuana

This means that the sanction also bars the company from getting funding from the other aforementioned development banks.

At the expiry of the debarment period, China Zhonghao Nigeria Limited will only be eligible to participate in Bank-financed projects on the condition that it implements an integrity compliance program consistent with the Bank’s guidelines.

Efforts to speak to the China Zhonghao Nigeria Limited failed as an email and text messages sent to the Company’s official mobile number was not responded to as at press time.

However, a statement on the embattled company claims it, “has over the past ten years undertaken various kinds of engineering works. It has been always fulfilling the work awarded with
trustiness (sic) satisfactory, engaged in Construction of Boreholes, Water Supply Schemes, and Water Treatment Plant; Construction of Roads and Bridges, Dams and Irrigation System, and Building Engineering; Conducting of Geological Engineering, Mineral Development, Power Plant, Industrial Investment and International Trade.”

READ MORE:  Microsoft, AfDB partner to support young entrepreneurs

We also gathered that in June 2019, the African Development Bank had earlier debarred Oceanic Construction and Engineering Nigeria Ltd. for a period of 48 months, for related fraudulent practices over the Urban Water Supply and Sanitation Improvement Project.

The Urban Water Supply and Sanitation Improvement Project is financed under the African Development Fund, an entity of the African Development Bank Group and aims at enhancing access to safe water supply services in the Nigerian states of Oyo and Taraba through, among other components, extension and rehabilitation works on the water transmission and distribution network.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading…

Related

Tags: AfDBChinaChina ZhonghaoFraudMalpractice
ShareTweet
Previous Post

Why FrieslandCampina WAMCO Donated N500m for Nigeria’s Covid-19 Response

Next Post

Ecobank Explains $3million Donations Across Africa Over COVID-19

TheConscience NG

TheConscience NG

Related Posts

Lagos Police Arrest 39 Suspects Over Coastal Road Vandalism, Robbery, Cultism
News

Lagos Police Arrest 39 Suspects Over Coastal Road Vandalism, Robbery, Cultism

by TheConscience NG
August 20, 2026
Police Arrest Chinese Man Over Alleged Sexual Assault of Male Employee, Set to Charge Him to Court
Crime/General

Police Arrest Chinese Man Over Alleged Sexual Assault of Male Employee, Set to Charge Him to Court

by TheConscience NG
August 20, 2026
Police Arrest Self-Proclaimed ‘Olu of Ikeja’, Set to Arraign Him Over Alleged Impersonation
Crime/General

Police Arrest Self-Proclaimed ‘Olu of Ikeja’, Set to Arraign Him Over Alleged Impersonation

by TheConscience NG
August 19, 2026
FEATURE! What to Know About Qantas Project Sunrise: First 24-Hour Nonstop Flight Between London and Australia
Business

FEATURE! What to Know About Qantas Project Sunrise: First 24-Hour Nonstop Flight Between London and Australia

by TheConscience NG
July 29, 2026
What Primate Ayodele Said About US-Israel-Iran War
News

ANALYSIS! Netanyahu’s Masterstroke: How Israel Kept Trump Locked on Iran While the World Bled

by TheConscience NG
July 29, 2026
Alleged N450m Land Scam: Police to Arraign Lilyworth Homes CEO, Nnenne Nwizu as Victims Cry Out
Crime/General

Alleged N450m Land Scam: Police to Arraign Lilyworth Homes CEO, Nnenne Nwizu as Victims Cry Out

by TheConscience NG
July 25, 2026
Next Post

Ecobank Explains $3million Donations Across Africa Over COVID-19

No Result
View All Result

Recent Posts

  • Ex-VP Osinbajo to Lead Speakers at 5th Open Day for Gardeners
  • Tech Entrepreneur, OED Marks 40th Birthday in Grand Style with Book Launch, Foundation Unveiling
  • Lagos Police Arrest 39 Suspects Over Coastal Road Vandalism, Robbery, Cultism
  • How Primate Ayodele Warned Kenya Against Aircraft Crash In June
  • Police Arrest Chinese Man Over Alleged Sexual Assault of Male Employee, Set to Charge Him to Court

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d