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Re: Freightcorp's interstate sell-off blamed on competition fears
- Subject: Re: Freightcorp's interstate sell-off blamed on competition fears
- From: Greg Rudd <grudd@mail.usyd.edu.au>
- Date: Thu, 25 Jan 2001 09:01:43 +1100
- Newsgroups: aus.rail
- Organization: The University of Sydney, Australia
- References: <mVqb6.58$Q82.2875@news0.optus.net.au>
- Xref: bclass.spectrum.com.au aus.rail:29372
David Bromage wrote:
> The proposed privatisation of Freightcorp has been blamed for the sale of
> 20 locomotives interstate rather than to a local company. Silverton Rail,
> based at Parkes, had sought to purchase the Freightcorp-owned locos.
>
> http://www.abc.net.au/news/regionals/orange/monthly/regor-24jan2001-5.htm
>
> (I presume this means the 442s, but only 16 were sold.)
My question is why was the locomotives sold privately instead of at public
auction, or tender where the highest possible price chould have been gained.
Is this a breach of Freightcorp's own disposal procedures?