Factory sale did not comply with act.(News)

From: Cape Times (South Africa) | Date: October 24, 2007 | Copyright information

"We did not go through the terms of the act's requirements, but we did some form of a bidding process. It would have been very difficult - a factory on the verge of being closed down - to put in newspapers an advert to say we now want to sell this factory in distress. No private sector company would be willing to take that risk at that time.

"We accept the AG comment in this regard, but I feel comfortable enough."

Asked by the DA's Robin Carlisle about the im...

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