Bam fined over ‘irregular payments’ in Africa ...Middle East

The Dutch Public Prosecutions Office has fined contractor Bam €30,000 over “potentially irregular payments” made during a development in Africa.

The potential irregularity was discovered during an investigation into another project in Africa. Bam has said it will not contest the ruling.

In an email to GCR, the Utrecht-based company declined to say which of its developments in Africa was involved, only that it concerned the company’s international subsidiary, which has been winding down operations since mid-2020.

It is unclear if the fine relates to an investigation into Bam that was begun in 2022.

A press release said the company was “committed to integrity, including compliance with all applicable laws, regulations and standards”.

Further Reading:

Dutch authorities investigate Bam International over “potential irregularities” BAM Nuttall fined £833k after polystyrene block falls on worker’s head

Bam fined over ‘irregular payments’ in Africa Global Construction Review.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bam fined over ‘irregular payments’ in Africa )

Also on site :

• What to know about the trial of an ex-Michigan cop charged in the killing of a Black motorist
• Trump sees no red line that would change tariff policy - The Atlantic
• Pope Tawadros meets with mayor of Polish town