{"id":602271,"date":"2019-03-24T03:32:16","date_gmt":"2019-03-24T03:32:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/"},"modified":"2019-03-24T03:32:16","modified_gmt":"2019-03-24T03:32:16","slug":"afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/","title":{"rendered":"AfDB bans two GE units from bidding on power contracts following misconduct"},"content":{"rendered":"

<\/a> GE subsidiary in Egypt is banned from bidding on AfDB power contracts: <\/b>The African Development Bank (AfDB) has banned a GE subsidiary in Egypt and another in Germany from bidding on power contracts for up to 76 months as part of a settlement of earlier cases of misconduct, Reuters reported<\/a><\/u>. The two units, which were part of Alstom before GE acquired them in 2015, were charged with fraud and bribery in 2006 and 2011.<\/p>\n","protected":false},"excerpt":{"rendered":"

GE subsidiary in Egypt is banned from bidding on AfDB power contracts: The African Development Bank (AfDB) has banned a GE subsidiary in Egypt and another in Germany from bidding on power contracts for up to 76 months as part of a settlement of earlier cases of misconduct, Reuters reported. The two units, which were […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[1376,1249,957,72,1657,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602271","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-african-development-bank","tag-alstom","tag-dispute-watch","tag-enterpriseam","tag-general-electric","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"44b27d17-c233-4fad-a4fa-c91dfed46e76","is_powered_by":true,"section_story_id":"a376cba6-858e-4fcc-8f39-ce462a4929eb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602260],"teaser":"","voice_url":""},"yoast_head":"\nAfDB bans two GE units from bidding on power contracts following misconduct - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AfDB bans two GE units from bidding on power contracts following misconduct\" \/>\n<meta property=\"og:description\" content=\"GE subsidiary in Egypt is banned from bidding on AfDB power contracts: The African Development Bank (AfDB) has banned a GE subsidiary in Egypt and another in Germany from bidding on power contracts for up to 76 months as part of a settlement of earlier cases of misconduct, Reuters reported. The two units, which were […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-24T03:32:16+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"AfDB bans two GE units from bidding on power contracts following misconduct\",\"datePublished\":\"2019-03-24T03:32:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/\"},\"wordCount\":82,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"African Development Bank\",\"Alstom\",\"dispute watch\",\"EnterpriseAM\",\"General Electric\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/24\/afdb-bans-two-ge-units-from-bidding-on-power-contracts-following-misconduct\/\",\"name\":\"AfDB bans two GE units from bidding on power contracts following misconduct - 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