Eastern Cape company ordered to pay back millions after scoring irregularly awarded tender | News24

  • 📰 News24
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

An Eastern Cape business has been ordered to pay back millions it got from a tender that was irregularly awarded.

On Monday, auditing firm Umnotho Business Consulting was convicted in the Eastern Cape High Court in Makhanda of benefitting from the proceeds of unlawful activities. The company is registered as a non-profit organisation under the directorship of Poovanderen Chetty, 44.

The centres were intended to be a platform where women would be empowered with skills and be able to market items produced by women in small co-operatives. It was reported to the Hawks, and a preliminary investigation revealed that more than R31 million was paid to the company, of which R19.2 million could not be accounted for.

 

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

When is their first Court Appearance?

No jail time for the thieves, being protected again by the ANC deployments in SAPS and the judiciary?

Black Monopoly Capital strikes again! 🤮🤮

Another gupta type

NPA_Prosecutes CyrilRamaphosa MYANC why are these people not in jail?

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:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines