Transnet and SIU ask high court to cancel 1,064 locomot... :

Transnet and SIU ask high court to cancel 1,064 locomot...


Transnet and the Special Investigating Unit (SIU) have finally asked the high court to cancel the state logistics company’s contracts for the procurement of 1,064 locomotives – the scene of the Guptas’ greatest known looting.
Transnet, then headed by chief executive Brian Molefe and chief financial officer Anoj Singh, both Gupta associates, awarded the contracts, worth some R54-billion, to original equipment manufacturers General Electric, Bombardier Transportation, China South Rail (CSR) and China North Rail (CNR) in 2014.
Transnet and the SIU said in a statement that their papers, filed on Tuesday 9 March 2021, show that the procurement “was based on a flawed market demand strategy… and that the laws, government instructions and Transnet policy were deliberately ignored to make the tender awards, conclude the contracts and effect payment to some of the [manufacturers].”

Related Keywords

China , Shanghai , Hong Kong , Chinese , Brian Molefe , Manoj Singh , Tequesta Group , Bombardier , Bombardier Transportation , Sa Revenue Service , Sa Reserve Bank , Special Investigating Unit , General Electric , China South Rail , China North Rail , Hong Kong Based Gupta , Regiments Asia , சீனா , ஷாங்காய் , ஹாங் காங் , சீன , மனோஜ் சிங் , டெக்வெஸ்ட குழு , குண்டுவெடிப்பு , குண்டுவெடிப்பு போக்குவரத்து , ச வருவாய் சேவை , ச இருப்பு வங்கி , சிறப்பு விசாரணை அலகு , ஜநரல் மின்சார , சீனா தெற்கு ரயில் , சீனா வடக்கு ரயில் , ஹாங் காங் அடிப்படையிலானது குப்தா , ரெஜிமென்ட்கள் ஆசியா ,

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