Transnet execs changed locomotive business case to favour Guptas'

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

'I developed a business case for the 100 locomotives for the coal export line. It was unilaterally changed by Transnet group executives to favour CSR.'

"I developed a business case for the 100 locomotives for the coal export line. It was unilaterally changed by Transnet group executives to favour CSR. The changes and implications were material and I submit that the representation made to the [acquisitions committee] was misleading in certain respects," Callard told the commission.

Callard's business case, signed off by Transnet executives in October 2013, made provision for the purchase of 100"19e-type" electric locomotives and 60 diesel locomotives to add to the capacity at Transnet's coal lines. The business case was signed off by executives like Siyabonga Gama, Garry Pita, Mahommed Mahomedy and Anoj Singh.

That business case recommended a confinement to Mitsui. This was predicated on the compatibility with the existing 110 locomotives Transnet had already purchased from the company to service its coal lines. "It addressed the urgency, the limited numbers of suppliers, and that the goods and services are highly specialised and largely identical to the previous locomotives purchased from Mitsui. The confinement meant the quickest delivery, making use of existing facilities," Callard said.

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
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

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

State capture hears of suspicious alterations to locomotive proposal at Transnet - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Former electrical engineer at Transnet, Francis Callard, has told the commission that former Transnet executive, Siyabonga Gama allegedly altered a proposal for the acquisition of 100 locomotives to favour China South Rail.
Источник: SABC News Online - 🏆 32. / 51 Прочитайте больше »

Transnet execs changed locomotive business case to favour Guptas'StateCaptureInquiry | 'I developed a business case for the 100 locomotives for the coal export line. It was unilaterally changed by Transnet group executives to favour CSR.' I'm sure Peter Bruce has an explanation
Источник: TimesLIVE - 🏆 28. / 59 Прочитайте больше »