Sinohydro backs out of P92m suit against govt

Sinohydro has backed out of a P92 million lawsuit in which the Chinese company was suing government over the termination of a contract to expand the Sir Seretse Khama International Airport (SSKIA).

The dispute arose after the government terminated Sinohydro’s contract in July 2012 for ‘failing to complete the expansion of the airport within stipulated time frame and cost estimates’.

As a result of the delays, government retrieved P75 million in performance and retentions bonds from Sinohydro, leading to the Chinese company filing a case with the London-based International Chamber of Commerce (ICC). 

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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