News24

Court sheriff linked to auction syndicate

2012-01-30 12:27

Durban - A Durban court sheriff has been arrested for allegedly working in cahoots with a syndicate that influences prices at auctions in their favour, police said on Monday.

"A court sheriff and an alleged member of a syndicate have been arrested in Durban on charges of contravening the Income Tax and Vat Act,” said Colonel McIntosh Polela.

The sheriff deals with auctions of properties on behalf of the banks, he said.

“He and a syndicate member are alleged to have colluded to influence prices at auctions in their favour, by means of corruptive and intimidating behaviour,” said Polela.

The investigation conducted by the SA Revenue Service and the police revealed that the suspects made money from buying and selling properties and did not pay their taxes.

“The estimated value at this stage is R40m. The forensic investigation with regards to the fraud and corruption is still ongoing.

"These arrests are only for the Tax Act for now."

Comments
  • Kala - 2012-01-30 12:32

    The Sherriffs have been doing this for years. The creditors have been losing millions to these dodgy auctions. I was once offered R5 000.00 from one of these syndicates not to attend one of their auctions. I gladly took their money and left. What the syndicate didn't know was that I was at the Sherriffs office merely to drop off some documents and not to attend the auction.

      Jan - 2012-01-30 13:27

      You are very luck....I wish it could have been me getting 5 000 for free...

      Napolita - 2012-01-30 13:58

      Kala, it's funny you don't mention that you actually accepted a bribe! Haha..;)

      Dan - 2012-01-30 14:09

      The Sherriffs have also been colluding with people against who judgements and court orders needed to be served. They just returned notices as "unable to locate", yet they are seen in the compny of these very same individuals. I had a personal experience with the Verulam office.

      Rob - 2012-01-30 14:24

      Kala and Jan: By accepting the R5,000 you have contributed to the corruption. In a sense you are creating a market for the criminals. Something like buying cheap STOLEN goods.

      Kala - 2012-01-30 15:30

      @Rob I am an auctioneer and the guys in the sydicate all know me. They thought I was at the Sherriff auction to buy. They paid me R5 000 not to bid on the auction and in so doing stuff their sydicate up. What they didn't know was that I was there to deliver documents and NOT attend the auction. If they want to give me money for nothing the how is that a bribe?

  • Myvision - 2012-01-30 12:56

    Well well well, what have we got here..

  • kwbateman - 2012-01-30 13:04

    Having been in the profession for years I must say that most (by far) where above reproach. The office I worked at had many systems in place to ensure that this did not happen.

  • Lee - 2012-01-30 13:10

    Disgusting, crime seems to be a booming business on its own with all its little outlets scattered all over the show and having its foot in every door making it the most profitable and quickest way of earning money. The leaders are teaching the people well.

  • phangolicious - 2012-01-30 13:28

    What else can U expect from capitalsm??

      william.nettmann - 2012-01-30 13:35

      Hi Phangolicious, I think you misunderstand what capitalism is. In the first place, capitalism assumes a free, open and fair market, where information about the market and all it's transactions are available to everyone. If the market is being manipulated by anyone - government or criminal - the market is not free, fair and open, so it is not a capitalist market. What I expect from capitalism, is that everyone attending the auction has an equal right and opportunity to know everything related to the sale, and an equal and free right and opportunity to participate in the auction with no intimidation.

      Zifnab - 2012-01-30 13:46

      Ha ha, moron!

      Tyron - 2012-01-30 13:46

      William u just an imperialist!!

      Napolita - 2012-01-30 14:09

      @william.nettmann - I fully agree with all your points. What is missing in your post is that capitalism does not assume the absence of those factors that are NOT the necessary conditions for capitalism; like intimidation, non-equality, etc. So, in a way it's "fair" to say/expect non-capitalist conditions in a capitalist system. And yes the consequence(s) of a thing is not the thing ;)

  • SM1012 - 2012-01-30 14:12

    Excatly the Banana law here, I once attended the case in Court, just to listen, our Law & Jusitice dept have turned into circus...no amase about these...soon you will hear that Maintance Funds went missing on the Data system, check mate..soon.

      Napolita - 2012-01-30 14:53

      SM1012 - Please try to substantiate your claims. "Excatly the Banana law here" - What do you mean? Since you "once" attended case "just to listen". Against which past experience do you compare what you heard in court to make you reach your conclusion? "soon you will hear that Maintance Funds went missing on the Data system" - Why? And just how soon?

  • Thomas Van Der Spuy - 2013-08-02 18:31

    Thousands of Sheriff Auctions take place every year in South Africa. One can find a full list and all information on www.propertygazette.co.za

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