The Special Tribunal has ordered Caledon River Properties and Profteam CC to pay back the profits earned on a R40.4 million contract to erect the Beitbridge border fence.

The Special Investigating Unit (SIU) took Magwa Construction and Profteam CC to court to recover money from the 40 million Rand Beitbridge border fence project.

SIU spokesperson Kaizer Kganyago said the companies must within 30 days submit their audited financial statements to the Tribunal.

The tender was awarded by the Department of Public Works and Infrastructure (DPWI) as part of the Covid-19 emergency procurement in 2020. 

But, soon after the fence was erected, it started to fall apart, prompting the SIU to investigate the awarding of the contracts

The R40.4 million contracts were reviewed and set aside by agreement between the parties. Payment is expected within 60 days.

Watch the video above for more details