South Africa: Hitachi settles with the AfDB
Issue 314
- 17 Dec 2015
| 1 minute read
The African Development Bank (AfDB) has announced a settlement with Japan’s Hitachi over its involvement with African National Congress front company Chancellor House and the 4,764MW Medupi coal power plant in South Africa. The settlement comprises an undisclosed payment to the AfDB, and conditional debarment of up to one year.
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