Eskom ordered to pay Aveng R40m after row over power station railway

📆 9/19/2020 4:00 PM
📰 SowetanLIVE

⏱ Reading Time:
7 sec. here
2 min. at publisher
📊 Quality Score:
News: 6%
Publisher: 63%

Business Business Headlines News

Aveng, which was awarded the contract in 2013, lodged the claim earlier this year after Eskom refused to comply with the instruction of an independent adjudicator that it should hand over the disputed amount.

Eskom disputed liability for the payment, saying making it would contravene an agreement with Aveng that it

was conditional on Treasury approval and compliance with the utility's internal corporate governance processes.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PP asked to protect Eskom whistle-blowerThe employee who blew the lid on an improper payment of R42 million to a construction company at Eskom is allegedly being victimised by senior officials linked to the maladministration at the state-owned utility.
Source: IOL - 🏆 46. / 51 Read more »

Municipality using 39 farms for Eskom debt security ’sign there’s ample land for redistribution’Commenting on the farms Eskom values at R2.5 billion, or R18 million each on average, Free Market Foundation chief executive Leon Louw says “it appears that municipalities are sitting on vast tracts of superfluous land”.
Source: IOL - 🏆 46. / 51 Read more »