Trust ordered to pay back R3m profit made from irregular ten

Trust ordered to pay back R3m profit made from irregular tender


Trust ordered to pay back R3m profit made from irregular tender
16 March 2021 - 17:18
Image: 123RF/ LE MOAL OLIVIER
The high court in Makhanda (Grahamstown) has ordered four trustees of the Siegesmund Trust to pay back R3m earned in a 2014 procurement deal that was deemed to be unlawfully and irregularly awarded.
The order followed an investigation by the Special Investigating Unit (SIU) into the awarding of a R59m tender to Siegesmund for the delivery and supply of computers as pupil/teacher support material by the Eastern Cape education department.
The SIU investigation revealed the goods concerned were procured unlawfully and irregularly.

Related Keywords

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