Formula E sponsor ABB admitted to paying bribes to Eskom | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

The ABB FIA Formula E race taking place in Cape Town is set to contribute billions of rands to the local economy. However, its sponsor, the Swiss engineering group ABB, has admitted to paying bribes to be granted work at Eskom's Kusile power station.

The FIA Formula E says it remains an independent organisation upholding the highest standards of business integrity and transparency, and it expects the same of its global partners and sponsors.

On Saturday, the first world championship of open-wheeled electric Formula cars will take place in the streets of Cape Town, amid much excitement.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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I thought they are not corrupt

Please provide the breakdown regarding the billions of contributions

Fake news.

Does the current acting Eskom CEO & CFO know about this?

I wonder if the DA is going to protest at the E-prix. Aren't payer - ABB - of the bribes as guilty as the one (ANC) that takes?

Now tells us exactly who did u bribe the names and how much bring evidence and let us lock these people up and throw away the keys

Why is the ANC not laying charges against ABB to force them to say who they paid bribes to or in Andre the only one who must talk?

If we only on stage 6, yet 11.5 hours off every day, how are the car batteries being recharged after practices etc

Paid bribes to who ?

No news here. everyone that wants to deal with the government in any African country has to pay a 'bribe'. Procurement positions are the most powerful in government. They literally kill each other to get there.

Can someone share this with our fearless leader Mr. Fikile Mbalula as this might be corruption at Eskom. justsaying

Adrian this is journalism at is worst, wheres the substance. Like saying cows have 4 legs, sheep have 4 legs, therefore sheep are cows.

We like them West... with all their viles!

And? Did the now bribed the DA? Or did they only bribed the ANC. What are you telling us? Anti Western Cape propoganda again! THEY BRIBED THE ANC!!!!

Have they named the people they bribed

With Eskom and ABB sponsoring it.. I'd be disappointed if gwede isn't waving the chequered flag at the finish....

And this is why we should shutdown2024elections

And they can be so proud of their work too... What a disgrace on every level

United States United States Latest News, United States United States Headlines