« Larger fiscal deficits call for stricter compliance to government tender guidelines | Main | Possible Government tenders workshops in the rest of SA »

PETROSA: More allegations of dodgy dealings

State oil company PetroSA, which has been mired in controversy for five of its seven-year existence, is once again in the spotlight. New evidence has come to light in an investigation that shows links between politicians, businessmen and directors of the parastatal, reports the Financial Mail. 

PetroSA's Chief risk & compliance officer, Lerato Lesole claims he uncovered evidence which showed Mkhize and Nika had been involved in irregular tender practices. He also says that some directors have shareholdings in companies that had contracts with PetroSA. The FM has established independently that Mkhize has a shareholding in at least one company (of 26%) linked to a former contractor.

Read more

August 6, 2009

Disclaimer:
Smart Procurement disclaims all liability for any loss, damage, injury or expense however caused, arising from the use of or reliance upon, in any manner, the information provided through this website and does not warrant the truth, accuracy or completeness of the information provided.
Copyright (c) Smart Procurement 2008. All rights reserved.

Posted by Editor at August 6, 2009 2:03 PM Email to a friend Post a Comment

Email to a friend

Email this entry to:


Your email address:


Message (optional):


Comments

Post a comment




Remember Me?