CTS Case: Tender validity lapsed on 31 December 2008, provides the Central Bank

In article yesterday, Tuesday, October 18, lexpress made it clear that two directors Sybrin Ltd, a company based in Johannesburg, South Africa, are currently in Mauritius. Their goal: to block the draft Cheque Truncation System (CTS) through an injunction of the Supreme Court. They also want to revive the investigation of the ICAC on the allocation of the contract for the implementation of the verification system to check a Swedish firm, CMA Small Solutions. 

Further, was been noted that the case has been reported to the Commission Against Corruption (ICAC) in early August. Specify that Sybrin Ltd claims that the BoM have canceled in 2008, a tendering exercise for the development of CTS, only to allocate the contract to the Swedish company is already working with the BoM. 

It is primarily here that the central bank reacts. The regulatory institution revealed that it could proceed with the exercise of original tender which was lapsed on 31 December 2008. 

In our article, we also show that Daniel Parreira, Sales Manager at Sybrin Ltd, "had said last August, in a statement to lexpress.mu, an official of the BoM had made them understand, after an initial assessment that their offer was by far the most attractive. " 

Central Bank stressed about it she never revealed any information about any offer made in connection with the case of Cheque Truncation Project. 

In conclusion, the Bank of Mauritius ensures that it intends to cooperate with the authorities as part of an investigation into the matter.