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.
The Money Show’s Bruce Whitfield interviews Sasfin veteran David Shapiro.
The Money Show’s Bruce Whitfield interviews Windmeul Eggs Managing Director Pier Passerini.
Small and medium cap analyst Anthony Clark shares his stock pick of the week with Bruce Whitfield on The Money Show.
Financial Mail's Claire Bisseker discusses her book “On the Brink: South Africa’s Political and Fiscal Cliff-Hanger”.
The Money Show’s Bruce Whitfield interviews Adams about his attitude to money (hopes and fears, successes and failures, etc.).
Pavlo Phitidis and Karabo Songo share lessons they learned from the bloodiest of blood-sports.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
People do some very interesting things for a living, but some job titles are given more credit than others.
This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.
The EFF lawyer stole the show during the state capture report court battle.
Fees Must Fall activists singing the national anthem with a new melody and phrases calling it a 'decolonised national anthem'.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
Will Jack Mabaso's return to the realm of Generations boost ratings? Well it seems not all viewers are impressed by the come-back.