Land on which Sandton Gautrain Station was built bought irregularly - Herman Mashaba

“One must ask, why would the city ever finance the sale of its own land to a private company? This is not only absurd but highly suspect,” said Mashaba on Thursday.It appointed Regiments to manage the fund. However, a forensic investigation implicated Regiments in wrongdoing. It was alleged that it had received questionable billions of rands from state-owned companies including Eskom and Transnet for dubious contracts between 2015 and 2017.

Mashaba said that he had launched a “full forensic investigation” into the sale of the land on which the Sandton Gautrain Station was built to Cedar Park. He said there were two senior Regiments individuals who approved the sale but were also linked to Cedar Park. It is not clear if Mashaba will raise this issue when the city and Cedar Park go head-to-head in court tomorrow but he said: “I will not rest until the city gets to the bottom of this apparent criminality and ensure that those who have elected to abuse public office and steal from our residents face the full might of the law.”

kgmadisa Basically this corrupt company and CoJ officials sold this land to private company so it could lease it to Gautrain while Gautrain could have bought it straight from The City!

kgmadisa The mayor must tell us about this 1st. Gautrain can wait

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