Company fingered for bribing trade union pension fund trustees fights back

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

Россия Новости Новости

Akani Retirement Fund administrators will appeal a scathing judgment by the Johannesburg high court which found that the company 'bribed' trustees of the Chemical Industries National Pension Fund (CINPF).

Trustees were accused of accepting bribes of between R40,000 and R25,000 each in 2019 to topple a company that was providing services as administrator of the CINPF in favour of a new service provider. File image.Akani Retirement Fund administrators will appeal a scathing judgment by the Johannesburg high court which found that the company bribed trustees of the Chemical Industries National Pension Fund .

The bribe was allegedly in exchange for booting out NBC Holdings, a company that had served as administrators of the CINPF for three decades, in favour of Akani without an open tender process.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 28. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Treasury caps pension fund infrastructure investment at 45% and maintains crypto banThe final amendments to Regulation 28 of the Pension Funds Act contain no limits on investments in debt or loans issued or guaranteed by the government
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Treasury caps pension fund infrastructure investment at 45% and maintains crypto banThe final amendments to Regulation 28 of the Pension Funds Act contain no limits on investments in debt or loans issued or guaranteed by the government
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »