Tourvest assisted the trust to prepare its bid for “Opportunity 3”, involving shops IPR 04, DFE 04, BS 02.
“Tourvest, however, argued there had been full disclosure of the arrangement between it and the trust. The [Competition] commission, however, disputed this and said there was significant under-disclosure by the parties to Acsa.” Tourvest clearly was the mastermind behind and leader in the collusive tendering. It drew the trust into the collusive conduct for its own intended financial benefit.Tourvest said it had assisted the trust to prepare its bid as it had no experience in bidding for such tenders.
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