Kusile mess: Swiss engineering giant admits to bribes for unqualified contractors | Business

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Kusile mess: Swiss engineering giant admits to bribes for unqualified contractors | Business
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Senior staff at Swiss engineering group ABB shared emails discussing appointing unqualified subcontractors who 'don't do anything for us' but 'cash in' because of political connections in order to win work at Kusile power station. | News24_Business

Swiss engineering firm ABB has entered into a plea deal with the Department of Justice in the US over work at Kusile.Senior staff at Swiss engineering group ABB shared emails discussing appointing unqualified subcontractors who"don't do anything for us" but"cash in" because of political connections in order to win work at Kusile power station.

References to the emails form part of a plea deal that ABB South Africa entered into with the US Department of Justice last month. As part of the agreement ABB SA, a subsidiary of the Zurich-headquartered multinational, pleaded guilty to one count of violating the anti-bribery provisions of the Foreign Corrupt Practices AC.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

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