a) No, the agreement is between the Department and Simeka Group (Pty) Ltd and Regiments Capital (Pty) Ltd. The appointed companies incorporated a Special Purpose Vehicle in terms of the Companies Act, viz Lemascene (Pty) Ltd and the Department concluded a Project Preparation Agreement with Lemascene (Pty) Ltd
b) The amount paid spent USD 9 million (R 117 million).
c) The penalties are not ...