Bongo corruption trial: Court hears how land prices were heavily inflated

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Former State Security Minister and African National Congress (ANC) MP Bongani Bongo and 16 others are now facing criminal charges over the deals, in which the prices of two farms purchased for housing were allegedly heavily inflated.

JOHANNESBURG - The Nelspruit Specialised Commercial Crimes Court’s heard how dodgy land deals that cost the Mpumalanga Human Settlement Department some R74 million were originally pitched at an even higher price.He was the head of the department’s legal services at the time.

It’s alleged among others that the accused inflated the price of a piece of land known as Naaupoort farm from the R15 million the owners were asking to a whopping R37.5m and pocketed the surplus for themselves.

 

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