The party said it had sent a letter to the city of Johannesburg's integrity commissioner, Daniel Rampai, on Wednesday requesting an investigation.
Herron claimed that the undervaluing of properties, in particular commercial properties, and the consequent loss of rates income, was brought to Mashaba's attention in November 2016.
In addition, Herron claimed, the property portfolio of the company was valued by the city at half of its actual value, saving it rates of about R200m a year. Mashaba, through his spokesperson Luyanda Mfeka, said on Thursday that it was not fully possible for him to respond to the allegations without the correspondence that was addressed to the integrity commissioner.
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