Stefanutti Stocks files claims in dispute with Eskom over Kusile

Construction and engineering group Stefanutti Stocks, embroiled since 2020 in a dispute with Eskom over allegations that it was overpaid on its Kusile power plant contract, says it has submitted provisional claims of R1.14bn to experts for review.

Stefanutti has denied allegations it received overpayments on its Kusile contract that saw it score R110m for measured work. It said it aims to resolve Eskom overpayment disputes in 2023. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

I wonder which side was Oberlhozer when these transactions took place.

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Stefanutti Stocks says claims for Kusile work now total R1.14bn | BusinessConstruction and engineering group Stefanutti Stocks has submitted a provisional cost claim totalling R1.14 billion for its work on the controversial Kusile power station, having submitted construction and finance cost claims on Tuesday. | News24_Business _Business Is there money to Pay? Will the Company have to wait more than 30 days for Payment? I think that money will go to the new Government Preferred Ship building Project in Mpumalanga.... _Business Scan from Construction mafias
Source: News24 - 🏆 4. / 80 Read more »