Transnet files legal challenge over $US 3.6bn locomotive contract

摘要

SOUTH African operator Transnet and the government's Special Investigating Unit (SIU) have launched an application in the High Court of South Africa to review and set aside a Rand 54.4bn ($US 3.6bn) contract signed in March 2014 with four manufacturers for the supply of 1064 locomotives. In the court filing, Transnet and SIU say the contract awarded by the previous board of Transnet was based on a flawed market demand strategy (MDS) and that the law, government instructions and Transnet policy were deliberately ignored to make the tender awards, conclude the contracts and effect payment to some of the manufacturers.