Swiss engineering firm ABB has entered into a plea deal with the Department of Justice in the US over work at Kusile.Senior staff at Swiss engineering group ABB shared emails discussing appointing unqualified subcontractors who"don't do anything for us" but"cash in" because of political connections in order to win work at Kusile power station.
References to the emails form part of a plea deal that ABB South Africa entered into with the US Department of Justice last month. As part of the agreement ABB SA, a subsidiary of the Zurich-headquartered multinational, pleaded guilty to one count of violating the anti-bribery provisions of the Foreign Corrupt Practices AC.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.
_Business Good for the staff members. Root our the evil with politicians who are the most corrupt
_Business Let me get this straight, a foreign company was directly linked to corruption at eskom, now South Africa is hiring another unknown foreign expert to oversee its recovery. Until everyone realizes its one big global club, ain't nothing going to change. Birds of the same feather.
_Business These are the unfortunate results of the Washington Consensus based IMF-WORLD Bank conditional loans that puts western corporations to bribe their way into nearly all SA's SOE's,run them down with unqualified cadre deployees while the loan/s to be paid by the gov minus work done!
_Business 😭😭😭😭. Loadshedding is a deliberate sabotage just like those unqualified subcontractors.
_Business Wers the repurcussions of all these things coming out...these connections n those selling them the tenders are the reason why everything is messed up.Yet we the citizens must suffer and pay for their crimes.lock them up and take all their and their immediete families assets.
MatshobaChux _Business Europeans and Americans complain about corruption in Africa, but they are the ones driving it. Some African countries are in a continuous state of war and chaos because of the same countries working with criminal syndicates to extract mineral resources.
_Business Didn’t need the Swiss to tell us that
_Business BEE dictates the employment of unqualified workers.
_Business Good illustration of how cadre deployment works. Ok 'work' is the wrong operative.
_Business Sounds familiar. Had aBEE partner who instead of growing his business, people, just showed up demanding for more money, in a new merc.
_Business ...... and then the ANC gov borrowed the money to pay Them all. They stole borrowed money and left citizens with the debt and interest payments ........ if that’s not evil then what is?
_Business ANC CRIMINAL CADERS. CAN YOU SEE BEE FAILURE.
_Business I have no doubt in my mind despite the PC ambiguity this was all part of constitutional, government legislated and white liberal endorsed BEE and AA legislation that preferenced RACE above any other considerations such as competency and experience.
_Business These are Zuma’s black millionaires 😂😂
_Business So predictable. The African way.
_Business You didn’t even have to tell us this. We knew already
_Business And we inject more money to keep this nonsense at full speed
_Business Wherever there's corruption, there's a private company to make it happen. Wild how that works.
_Business What Under gwedes watch I'm shocked.. Well I would be if the power was on that is...
_Business What sort of engineers at AAB knowingly associated themselves with corrupt incompetent companies and allowed them to build things that now look AAB obviously not a very good company and should never again be allowed to tender for major projects. Money was the main goal not skill
_Business I do not think there is anything new here! Remember RoyalMnandi Duduza at Medupi?🙄🤔
_Business RSASIU you guys got any thoughts on the matter ?
_Business Why don't you name and shame the company because it's known that company is Impulse International with directorship being by Kokos stepdaughter. Why beat around the bush editor.
_Business Interesting times. Who to blame for this ?
_Business No surprise then when the elections come again, the majority will vote for the anc again. So you get what you vote for!
_Business At the root of all this is entitlement, illegitimate means are used to exclude the rest of the citizens who are able and qualified, but they are denied because of the political and ethnic culture driven by the government. Why is everything failing, because of this.
_Business Nothing new there!
_Business i will always be thankful to God for giving me a reliable source no more lost,. through Brandonkaren11 Bitcoin mining investment platform
_Business So.....zupta connected BEEEEE companies! Way to go ANC
_Business The corruption by multinational companies (eg. ABB, SAP, China South Rail) at Eskom, Transnet, Prasa and other SOEs has not been sufficiently ventilated. SA civil society should consider a 'name & shame' campaign to warn other African countries against these corporations.
_Business This is exactly why Eskom shouldn't receive an increase in fees or salaries until such time as they stabilise the grid and show South Africa that the money will go to the maintenance and enhancement of the power grid and not into corrupt people's pockets.
_Business Just another reason why Our_DA march to Luthuli house was justified. MYANC is the root of all SA's problems. The travesty is that more of us, businesses and citizens didn't join to say enough is enough. DAMarch
_Business Self sabotage, what a useless White Person.....
_Business That’s the entire government summary!
_Business Ja nee !
_Business No suprise there
_Business Wow. What a surprise.
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Source: News24 - 🏆 4. / 80 Read more »