Sale The NTC Building Stopped
14 September 2012 - lexpress.mu
It ruled. The Board of Directors of the National Transport Corporation (NTC) rejected yesterday (Thursday 13 September), the supply of Computational and Executive Business Institute (EBCI) to buy the building. The institute has not fulfilled its commitments. NTC has also taken legal action, told the Express.
A meeting of the Board was held yesterday afternoon at the headquarters of the NTC in Vacoas. The proposal to seek damages from the EBCI was made by the employee representative on the board, Kishore Bholah. The EBCI, which hopes to launch in the tertiary education sector, won last April, the tender launched by the NTC for the sale of its building. She had made a proposal of Rs 126 million, higher than the Central Electricity Board (CEB). All documents relating to the sale have been transferred to the buyer by the NTC June 13. But supports the direction, since that date the EBCI "artfully avoided to sign the deed of sale." We tried to get a reaction from the Director of the EBCI, Dan Harris Hurkoo last night but his phone was off.
For the sale of its building, the NTC will now turn to the other bidder, in this case the CEB. He had offered Rs 120 million for the purchase of what was to become the headquarters of the NTC.