This was not done, and the LOI was issued for nine months - and thereafter extended for another month until November 30 2013.The MNS investigation found that Singh then signed another agreement, allowing Regiments to provide some of the transaction advisory services contracted to the McKinsey consortium of which it was a part of. This was for 12 months, commencing in January 2014.
The contract values then skyrocketed. What began as a R35m contract was increased to R78m in April 2014, and to R265m in July 2015.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Transnet finance boss Anoj Singh 'had no authority' to appoint Gupta-linked firmTshiamo Sedumedi continued his damning testimony of Transnet's dodgy deals at the state capture inquiry on Wednesday.
Källa: SowetanLIVE - 🏆 13. / 63 Läs mer »
Transnet finance boss Anoj Singh 'had no authority' to appoint Gupta-linked firmTshiamo Sedumedi continued his damning testimony of Transnet's dodgy deals at the state capture inquiry on Wednesday.
Källa: SowetanLIVE - 🏆 13. / 63 Läs mer »
Gupta-linked letterbox company Homix got R25m to seal Transnet dealFormer Transnet employee Gerhard van der Westhuizen says he cannot understand the value a Gupta-linked letterbox company added to a deal brokered between Transnet and Neotel - for which it was paid more than R25m.
Källa: TimesLIVE - 🏆 28. / 59 Läs mer »
Gupta-linked letterbox company Homix got R25m to seal Transnet dealFormer Transnet employee Gerhard van der Westhuizen says he cannot understand the value a Gupta-linked letterbox company added to a deal brokered between Transnet and Neotel - for which it was paid more than R25m.
Källa: SowetanLIVE - 🏆 13. / 63 Läs mer »