Public Interest SA to report estate agents behind Tembisa tender tycoon's luxury property sale | News24

Civic movement Public Interest SA will report real estate agents linked to the sale of Hangwani Maumela's property to the Property Practitioners Regulatory Authority.One property sale went through even though Maumela was under investigation by the Special Investigating Unit, it was reported.

In some cases, Maumela was selling the properties for significantly less than the amount he had paid to buy and develop them. "We find it regrettable that estate agents are accused of complicity in laundering alleged proceeds of crime and corruption. As an organisation committed to upholding public interest, we take these allegations seriously and believe it is crucial to address such issues promptly," the organisation said.

When approached for comment, Miller sent News24 a brief statement in which the agent and the business said they reserved their"rights to respond to the allegations made by News24 at an appropriate time and in an appropriate forum" as the matter was under investigation by the SIU.

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South African rand is broadly stable after interest rate pauseSouth Africa's rand lost some ground on Friday as the U.S. dollar surged, but was still set to end the week on a solid footing after inflation fell back within target.
Source: TheSAnews - 🏆 25. / 59 Read more »

OPINIONISTA: Big Tech and Journalism – we need solutions to the threat to public interest media and democracyMedia representatives, academics, activists, lawyers and economists from 24 countries gathered in Johannesburg this month to find solutions to the crisis facing the long-term sustainability of journalism and how this intersects with the conduct of Big Tech platforms.
Source: dailymaverick - 🏆 3. / 84 Read more »