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A hearing opened Wednesday into collusion by construction companies that led to bid rigging and price fixing on projects for the 2010 South Africa World Cup.A tribunal will decide whether to confirm fines totaling $147 million for 15 companies that agreed to ''rigged'' projects in the general construction industry in South Africa from 2006-11. Wholesale jerseys
World Cup-related work is included in the findings by the Competition Commission, which uncovered the wrongdoing by the country's biggest building firms in a two-year process. Companies came forward and acknowledged their roles and the extent of price fixing in exchange for guarantees that they wouldn't face criminal prosecution.There was ''a shameful pattern of collusion'' by the companies, David Unterhalter, a lawyer representing the commission, said at the start of the two-day hearing.
The collusion by the companies led to inflated prices on projects such as the new $730 million Cape Town Stadium and a $200 million contract to redevelop Soccer City stadium and the surrounding precinct in Johannesburg, the World Cup's showpiece venue that hosted the opening game and the Spain-Netherlands final.
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South Africa's central government spent about $3 billion on the first World Cup in Africa, including the building of six new stadiums, the rebuilding of Soccer City and the upgrading of the other three venues.
