CIVIL LITIGATION STILL POSSIBLE
Construction summit may clear up future
Sanral drops its lawsuit against construction industry players in alleged bid-rigging, but Ebrahim Patel says more litigation is possible
The fate of some of the 15 construction companies collectively fined R1.46bn in 2013 in a fast-track settlement process by the Competition Commission over alleged bid-rigging may become clearer during an industry summit to be held within the next four months, says Economic Development Minister Ebrahim Patel. A further voluntary settlement on transformation in the industry had now been reached between the government and seven JSE-listed groups, Patel said in Pretoria last week. In this regard, the South African National Roads Agency (Sanral) has said it would not press multimillion-rand suits against these companies. But Patel also said that when it came to other possible litigation, the firms would have to answer for themselves. The City of Cape Town on Friday confirmed its R429m civil damages claim would go ahead against Wilson Bayly Holmes-Ovcon (WBHO), Stefanutti Stocks and Aveng for collusion in the construction of the city’s stadium for the 2010 Soccer World Cup.
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