SIU confirms report of Businessman, Hamilton Ndlovu, to pay back R158 million and R172 million PPE tenders declared invalid and unlawful in South Africa KossyDerrickBlog KossyDerrickEnt

KossyDerrickEnt

Your favourite Entertainment Blog for: Trending Gist in Nigeria, South Africa, Kenya and other African countries, Social Media Trending Topics & Opinions, Food, Comedy, Hollywood Celebrity Gist and Celebrity Gist in Nigeria & Africa. For promotions, sponsored posts, adverts and submission of news or gist, contact us: [email protected]

Breaking News

Search This Blog

Translate

Tuesday, June 7, 2022

SIU confirms report of Businessman, Hamilton Ndlovu, to pay back R158 million and R172 million PPE tenders declared invalid and unlawful in South Africa

Information reaching Kossyderrickent has it that SIU has confirmed report of Businessman, Hamilton Ndlovu, to paying back R158 million and R172 million PPE tenders declared invalid and unlawful in South Africa. (Read More Here).

According to information, The Special Tribunal has urged NHLS to put Ndlovu, and associated companies, their directors and shareholders, on the database of restricted suppliers. 

SIU reports:

"JUST IN: PPE tenders worth R172M awarded by NHLS to Hamilton Ndlovu and associated companies declared invalid and unlawful by @TribunalSpecial. Ndlovu and associates ordered to pay back R158M. Frozen properties and funds belonging to Ndlovu and associates forfeited to the state.

"The Special Tribunal has urged NHLS to put Ndlovu, and associated companies, their directors and shareholders, on the database of restricted suppliers.

"SIU investigation revealed that about R15M of the R172M appears to have been used to service the PPE contracts. The vast majority of the funds flowed to Ndlovu for his own use.

No comments:

Advertise With Us