Two ministers involved in dubious tenders in Joburg, Herman Mashaba says
The Joburg mayor says the city will soon end a probe into a 2010 project to build and operate a broadband network in Joburg, and a subsequent buyback deal
Two ministers are implicated in questionable tenders involving the Johannesburg municipality‚ mayor Herman Mashaba said on Wednesday. Delivering his second state of the city address‚ Mashaba said the city was on the brink of closing an investigation into the establishment of the Metropolitan Trading Company (MTC) and its dealings with a company called BOT. Mashaba said that in 2010, the city commissioned the construction‚ operation and transfer of a broadband network throughout the city. "After four years of the 12-year BOT contract‚ the city decided to buy back the broadband network‚ despite having no experience or capacity to manage it. The price of this decision you may ask? R2.3bn‚" Mashaba said. "The city went to the extent of setting up MTC, in an attempt to justify this decision. But‚ as usual‚ what lay behind the decision was insidious corruption‚ characterised by benefiting the cadre networks." He added that a series of companies benefited through this buy-out deal. "And a ...
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