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Transnet confirms legal review of 10-64 locomotive contracts
State-owned logistics group Transnet confirmed on Monday that it is initiating a legal review of the a R49-billion locomotive procurement contract, known as 10-64, having already declared the contracts irregular and unlawful. Speaking at the release of the group’s interim results, acting CEO Mohammed Mahomedy said the board had sanctioned the legal strategy, which had also been outlined to the four original equipment manufacturers (OEMs) of the diesel and electric locomotives being supplied to Transnet Freight Rail.
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