Thursday, 26 July 2018

South Africa offers to waive arbitration penalties to remove Denel off blacklist

SOURCE: ECONOMIC TIMES South African defence manufacturer Denel has offered to waive off close to $100 million it won from arbitration against India if New Delhi were to remove it from the defence ministry’s blacklist. State-run Denel’s offer has come after the Central Bureau of Investigation filed a closure report on corruption cases against the […]

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