Competition Tribunal reaches R200,000 settlement with solar firm after tender irregularities

[Jan]

Solar firm pays R200,000 penalty after alleged tender shenanigans

The Competition Tribunal has confirmed that Gauteng-based solar energy firm Pacific Solar has agreed to pay a R200,000 fine as part of a consent agreement after the Competition Commission accused it of collusion.

Pacific Solar also agreed to refrain from any conduct that may violate the Competition Act and develop, implement, and monitor a competition law compliance programme as part of its corporate governance policy.

 

[_TrXtR_]

So they had a judgement made against them. Said they won't do it again, but they didn't do it anyways. So are they saying they are going to do it again?

 

[ConfusedR]

So they had a judgement made against them. Said they won't do it again, but they didn't do it anyways. So are they saying they are going to do it again?

If ANC cadres are involved, obviously they are going to do it again

 

[Sapphiron]

We need an economic death penalty for directors of companies involved in corruption.

90% flat tax rate for the rest of your life.