SIU probes fraudulent transfer of 208 Ekurhuleni stands
The transfers happened without a council resolution and the municipality received no money.
The Special Investigating Unit (SIU) is investigating the fraudulent transfer of 208 vacant stands worth R58 million from the Ekurhuleni Municipality to private individuals between 2018 and 2022. The stands were sold at an initial price of approximately R18,000 per stand and later resold for around R250,000. This transfer took place without the approval of the council and resulted in no financial gain for the municipality.
The SIU uncovered the fraudulent activity due to the use of forged rates clearance certificates and powers of attorney. SIU Head Leonard Lekgetho stated that the state security will conduct lifestyle audits of the municipal officials and legal action will be taken to determine the fate of those who bought and built homes on the stands.
The municipality will engage with the affected individuals to determine the appropriate course of action, as they have already invested money in the land and the municipality is not currently generating revenue from it.
Written by urgent.news from SABC News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
