South Africa seeks Swiss, German help at ABB Probe, News24

Log In Visit our Next Africa newsletter and follow Bloomberg Africa on Twitter

According to a report by News 24, the South African prosecutor has asked the Swiss and German prosecutors for mutual legal assistance in connection with a 2.2 billion rand contract between Eskom and ABB.

The agency wants assistance in setting up a series of criminal investigations related to the appointment of the Swiss-based engineering firm Eskom by the South African utility company Eskom to a contract at the Kusile power plant, the newspaper said, citing people familiar with the matter. An internal investigation by ABB found that its employees had committed significant misconduct and it repaid Eskom 1.56 billion rand.

South Africa is asking the Swiss and German authorities for assistance in gaining access to electronic communications in order to set up a criminal case, the newspaper reported.

Would you like to learn more about the European markets? In your inbox every day before opening. Login here.

Before it’s here, it’s in the Bloomberg Terminal.


Comments are closed.