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Fraud: World Bank blacklists IT Firm Techno Brain From its Projects over unethical practices

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The World Bank has cracked whip and instituted a 28-month long ban on the Kenyan tech company Techno Brain as well as 10-month ban on its United Arab Emirates (UAE)-based parent company Techno Brain Global FZ-LLC for fraud in an Integrated Public Financial Management Reform Project in Liberia.

The reports emerges that the firms engaged in an arrangement to obtain and edit confidential bidding documentation so as to influence the awarding of a contract in their favor.

Techno Brain (Kenya) Limited which prides itself as home to the first Microsoft Testing Center as well as support services to giant multichoice amongst other high profile projects is expected to hold higher ethical standards in regards to its practices with strict adherence to the laid down policies both locally and abroad. However, with World Bank indictment and firms’ acceptance of culpability, the tech firm based in Nairobi’s Hurligham confirms unethical conduct and further diminish its reputation and credibility in not only Kenyan market but the region.

“The debarments make Techno Brain Kenya and Techno Brain UAE ineligible to participate in projects and operations financed by institutions of the World Bank Group. It is part of a settlement agreement under which the companies acknowledge culpability and responsibility for the underlying sanctionable practices and agree to meet specified corporate compliance conditions as a condition for release from debarment,” the World Bank said in a statement.

Fraud: World Bank blacklists IT Firm Techno Brain From its Projects over unethical practices

The project, since renamed as the Public Financial Management Reforms for Institutional Strengthening, was designed to improve domestic revenue mobilization systems and strengthen financial control and accountability in public finances.

Despite the clear ethical shortcomings, the technology is notoriously known for high turnovers, unfavorable working conditions and low pay. In the review site Glassdoor.com, many ex-staffers have openly come out to expose the nature of the working environment at the company as some lament it is way lower than expectations.

“No good infrastructure, Not a good management Policies, get charged in a second of time Even switching on the Air condition is also a crime Simple policy if they need they hire if they don’t have projects simply fire the people Advice to Management If you unable to overcome the resistion state don’t hire the people and play the games with the career of them” shared one user in review site.

Despite bravado and flamboyant advertising often flagged by senior government officials, the technology firm has HR shortcomings that needs to be relooked

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