FCC Investigation Focuses on Controversial Rs 373 Million CNT Contracts

The Financial Crimes Commission (FCC) is intensifying its investigation into suspected irregularities regarding contract awards made by the National Transport Company (CNT) between 2020 and 2024. The FCC’s focus is now specifically on questionable contracts totaling Rs 373 million awarded to a single company.

At the center of this investigation is an influential businessman known to have been involved in similar cases.

The FCC is examining contracts related to various services, including security, ticketing machines, and spare parts for the CNT’s fleet of buses and other vehicles.

These contracts, which are believed to involve significant financial misconduct, were awarded for the supply of spare parts between January 2020 and December 2024.

The beneficiary of these contracts has gained notoriety in the Réduit Triangle, raising suspicions about his role.

This businessman has a history of being arrested due to inquiries into contract irregularities during the COVID-19 pandemic.

At that time, he was accused of securing contracts through emergency procurement processes for the supply of medical equipment, an operation valued in the hundreds of millions of rupees.

Moreover, he has been linked to previous investigations, including one into the assassination of activist Soopramanien Kistnen, raising further questions about his connections to the former government.

Investigators are currently working to clarify several aspects of this case, including contracts for security services, uniforms and shoes for CNT employees, and the purchase of electric buses.

The FCC is scrutinizing whether proper legal and administrative procedures were adhered to during these contracts’ procurement processes.

There are growing rumors of potential collusion at high levels within the CNT.

In several instances, the price tags on spare parts have been reported as exorbitant.

A detailed analysis of the companies that have benefited from the bidding processes is deemed critical as the investigation progresses.

Ibrahim Rossaye, the FCC’s communication director, stated that significant developments are expected in the coming days, although he refrained from disclosing additional information to ensure the integrity of the ongoing investigations. Rao Ramma, the outgoing director general of the CNT, has already been questioned as part of this inquiry.

The FCC is continuing to meticulously review the procurement processes for spare parts at CNT for the years 2020 to 2024, as investigators aim to uncover any wrongdoing.

Source: Defi Media