S. Africa Rail Agency Alleges Fraud in $250 Million Tenders

From Bloomberg

The Passenger Rail Agency of South Africa has asked the country’s High Court to declare two contracts awarded to a security company invalid, two months after asking for the cancellation of an agreement to supply locomotives.

Prasa, as the agency is known, wants two contracts awarded to Siyangena Technologies (Pty) Ltd. worth about 4 billion rand ($250 million) set aside because the company was given an advantage through “bid-rigging” and the agreements were coupled with alleged “corrupt activities,” according to an affidavit by chairman Popo Molefe, which was filed with a motion on Feb. 2 at the High Court in the capital, Pretoria.

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