TCN files N300m counter claim against firm over contract default

The Transmission Company of Nigeria (TCN) at the weekend in Abuja disclosed that it has filed a N300 million counter claim in the law court against Cartlark International Limited for allegedly failing to repeatedly execute the transmission contract awarded to it in 2006.

The TCN said the firm was in 2006 awarded the contract to build its Damaturu/Gombe 330/132kV transmission substation and line bay extension, and was adequately paid for the job. TCN however, said the firm failed to complete the job within the agreed project time frame and subsequently took it (TCN) to court 12 years after it tried to retrieve the project from the firm.

TCN’s Managing Director, Mr. Usman Gur Mohammed, told journalists at the sidelines of a dinner the company held for past senior management staff of defunct Power Holding Company of Nigeria (PHCN) that while Cartlark sued it, it subsequently filed a counter claim against it and was praying the court of law to grant it a compensation worth N300 million. He noted that the TCN had however completed and energised the transmission substation after it retrieved it from Cartlark.

Source: THIS DAY

 

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