Page 38 - Andy Mothibi News Today

File image. The Multi-Agency Centre (MAC), established in August by President Cyril Ramaphosa to clamp down on Covid-19 Unemployment Insurance Fund (UIF) Temporary Employer Relief Scheme (Ters) funds theft, has recouped about R3.7 billion. The better part of the Covid-19 news cycle has been dominated by unashamed and brazen theft of Covid-19 emergency funds and personal protective equipment-related (PPE) corruption, which Ramap...

Phineas Legodi (file) The SIU was granted a temporary order freezing the pension benefits of the former CEO of Lepelle Northern Water. The former CEO resigned from the water board after being placed on precautionary suspension. The SIU investigation relates to the Giyani water project. The Special Tribunal has granted the Special Investigative Unit (SIU) a temporary order to interdict the Municipal Employees Union Retirement Fund from paying out the pension benefits due to f...

South Africa: SABC lifts replacement contract set aside The Special Investigating Unit (SIU) has welcomed a high court ruling setting aside an SABC lift replacement contract after finding it to be unlawful and invalid. The Johannesburg High Court last week made the ruling after the SABC, later joined by the SIU, asked the court to review the consulting contract awarded to Mott MacDonald Africa (PTY) LTD in 2015, citing contravention of procurement rules. The SIU was given powers to join proceed...

SABC did not follow procedure in awarding R7m contract – High Court rules Citizen reporter General views of the SABC building in Auckland Park, Johannesburg on 18 November 2020. Picture: Michel Bega The Special Investigating Unit (SIU) said the contract awarded to MacDonald was worth R7 033, 464. ...

  This is the largest amount recovered by the Special Investigating Unit and follows a lengthy investigation involving the SIU, the Hawks and Eskom. The SA subsidiary of Swiss automation firm ABB will pay R1.56-billion to Eskom to settle an overpayment dispute relating to a contract unlawfully and corruptly awarded for work at the Kusile Power Station.  An investigation involving the Special Investigating Unit (SIU), the Hawks and Eskom crossed several jurisdictions, and the US Securities and...

By Hunt on for ‘tens of billions’ more, as ABB agrees to repay R1.56bn to settle corrupt Kusile contract Search Polity Note: Search is limited to the most recent 250 articles. To access earlier articles, click Advanced Search and set an earlier date range. To search for a term containing the & symbol, click Advanced Search and use the search headings and/or in first paragraph options. With... Clear Search Sponsored by Africa|Coal|Consulting|Contractor|Flow|Instrumentation|System|Technolog...

December 13, 2020 Eskom Source: Google Images After lengthy investigation and negotiations, Eskom and the Special Investigating Unit have reached an agreement with ABB South Africa in terms of which ABB South Africa will pay Eskom R1.56 billion in full and final settlement of an overpayment dispute relating to a contract unlawfully awarded through corrupt means for work at the Kusile power station. The settlement is inclusive of the capital amount and interest. The agreement will be subject to...

Molefe Seeletsa ABB was among four other contractors named by Eskom to have benefited from overpayments. The other companies were Tenova Mining & Minerals, Tubular Construction and Stefanutti Stocks. The Special Investigating Unit (SIU) and Eskom briefing the media. Picture: Twitter/@RSASIU Briefing the media on Friday regarding corruption investigations on Esk...

Molefe Seeletsa According to a joint statement, the briefing will be to make an important announcement regarding an important development in the fight against corruption. Minister of Public Enterprise, Pravin Gordhan and Minister of Justice and Correctional Services Ronald Lamola. Picture: GCIS According to a  joint statement, the briefing will be “to make a...

The Special Investigating Unit (SIU) announced on Friday that R1.56 billion would be paid back to Eskom from the deal.