C
Originally published by Capital Businessbusiness
August 24, 2026
3h ago
World Bank sanctions eCitizen founder due to fraud

The case involved two World Bank-funded projects in Somalia — the Somali Core Economic Institutions and Opportunities Project and the Somalia Capacity Advancement, Livelihoods and Entrepreneurship through Digital Uplift Project...
✨ Key Highlights
The World Bank has sanctioned Webmasters Kenya Ltd and its Chief Executive Officer, James Ayugi, barring them from participating in Bank-financed projects for at least five years due to fraudulent and obstructive practices in Somalia.
- The sanction, effective June 8, 2026, follows findings of misrepresentation of key personnel availability and obstruction of a World Bank audit.
- The affected parties include Webmasters Kenya Ltd and its CEO, James Ayugi.
- The case involved two World Bank-funded projects in Somalia, and the company had secured nearly $1 million in World Bank contracts between 2018 and 2020.
Continue Reading
Read the complete article from Capital Business
Advertisement
Related News
Advertisement


