Joburg official arrested for massive devaluation fraud

2017-01-18 15:09
Joburg Executive Mayor Herman Mashaba. (Jabu Kumalo, file)

Joburg Executive Mayor Herman Mashaba. (Jabu Kumalo, file)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - A former city property valuer was arrested on Wednesday for allegedly devaluing properties in the city by about R500m, Johannesburg Mayor Herman Mashaba said.

The candidate valuer’s alleged irregular and fraudulent adjustments to the values of 22 properties would result in the city losing around R40m in property taxes over the next five financial years, Mashaba said in a statement.

The city would prosecute the companies and individuals who allegedly colluded with the valuer.

“This money should have been used to provide basic and much-needed services such as water, electricity and refuse removal to the poor and most vulnerable residents of our city,” Mashaba said.

READ: Joburg Mayor Mashaba: Corruption is public enemy number 1

Carte Blanche aired a documentary in November in which several instances of alleged corruption within the City of Johannesburg’s property valuation system were revealed.

A deputy director in the city, who was referred to in the Carte Blanche documentary, was suspended pending disciplinary processes.  

Mashaba claimed the previous ANC-led administration ignored a report that highlighted the alleged corruption.

Last week, News24 reported that Johannesburg’s new DA-led administration found over 1 000 instances of fraud in the city’s licensing department, and that up to 100 city officials could face arrest as a result.

Read more on:    herman mashaba  |  johannesburg  |  crime  |  corruption

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
Partner Content
How data is changing investments

Technological disruption is rife in many spheres of business and given the quantity of data available, it’s no surprise that the way in which asset managers work is also changing fast.

Behind the sparkle

Alluring, beautiful and timeless - diamonds are some of the most sought after gems in the world and are a true testament of everlasting brilliance. Let us take you behind the sparkle to show you the history behind this coveted jewel.

/News
 

12 Cool cat facts

Here are some surprising things you may not know about your fascinating feline

 
 

Paws

Chocolate can be fatal for dogs
Spider-man star's adorable relationship with his dog
Do you know what you are feeding your dog?
Watch: Proof animals have souls
Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.