The Special Investigating Unit is investigating a syndicate that used state land meant to build a school for personal use
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.The Pretoria high court has granted the Special Investigating Unit’s application to recover R53 million worth of land that was sold to property company RIC Development by a land-theft syndicate.
“As part of the investigation, numerous affidavits were obtained by the SIU from the department of rural development and land reform and deeds registry staff members, external witnesses and/or transferring attorneys,” he said. RIC Development bought more than 2 000 hectares of land in Zuurfontein, Gauteng, and developed it without knowing it had been stolen, Kganyago said
The forfeiture order broke down the R53 million to R12 million held through a bank guarantee by the alleged fraudulent companies, while R41 million was the value of the intended development of low-income housing and a school in Zuurfontein, north of Johannesburg.
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