Furniture removal company Stuttaford Van Lines has been charged with 649 counts of collusive tendering in relation to government tenders issued for furniture transportation.
This is the largest number of charges against a single company in the history of the Competition Commission.
The Competition Commission wants the Competition Tribunal to fine the company 10% of its annual turnover on each of the 649 charges.
The Money Show’s Bruce Whitfield interviewed Competition Commission Commissioner Thembinkosi Bonakele.
Whitfield also spoke to Stuttaford Van Lines Director Mel Potgieter.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
This has come as a great shock to us.— Mel Potgieter, Stuttaford Van Lines
In the last six years, I’d be hard-pressed to find one incident in this company!— Mel Potgieter, Stuttaford Van Lines
We have systems and procedures that prevent that sort of thing.— Mel Potgieter, Stuttaford Van Lines
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Dr Adrian Saville, Professor at Gordon Institute of Business Science (Gibs).
Bruce Whitfield interviews Maluleke – the first black woman to lead a South African bank.
Nedbank will reconsider its relationship with KPMG in 2019. The Money Show’s Bruce Whitfield interviews its CEO Mike Brown.
Bruce Whitfield interviews Lee Kasumba, who speaks about two South African guys selling deep fried chicken in Abidjan.
The Money Show’s Bruce Whitfield interviews Jan-Adriaan du Plessis, Associate Director of Strategy and Operations at Deloitte.
Bruce Whitfield interviews Africa Connected host Lee Kasumba, who is crisscrossing Côte d'Ivoire to learn about its opportunities.
Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.
Zwelinzima Vavi says South Africa is paying dearly for choices they've made in being angry with Mbeki and not thinking logically.
Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.
Zuma says he cannot be expected to act against Minister Bathabile Dlamini on social grants matter now before the ConCourt.
How old are you? Financial advisor Warren Ingram discusses the five most important ages in anyone’s investment career.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...