Tribunal finds company guilty of inflating prices on face masks for SAPS

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The tribunal found that during the hard lockdown in April 2020 - Tsutsumani business enterprises, charged the SAPS over R16 million for the bulk supply of 500 000 surgical facemasks.

JOHANNESBURG - A company that supplied the South African Police Service with face masks has been found guilty of inflating prices to more than R16 million.

The tribunal found that during the hard lockdown in April 2020, Tsutsumani Business Enterprises, charged the SAPS over R16 million for the bulk supply of 500,000 surgical face masks.The company charged the police R32.50 per mask with an estimation that it earned about R5.3 million in excessive profits.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 30. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines