Estate board chief investigated

2011-08-07 10:08

Johannesburg - The Hawks have been called in to investigate the chairperson of the Estate Agency Affairs Board for allegedly receiving R200 000, the Sunday Times has reported.

However, Thami Bolani has denied an alleged conflict of interest and told the newspaper his interest in the company from which he received the money was clearly stated on his CV and was "well known".

Bolani, who is a director of NCF Consulting Enterprises, was apparently paid the money for services and for placing adverts in the bi-monthly newspaper of the National Consumer Forum, which he chairs.

According to the Sunday Times, payments ranging from R17 500 to R35 000, were made over several years.

They amounted to R240 000 between 2009, when Bolani began serving as a board member, to May this year.

The newspaper reported that, according to board meeting minutes, he appeared not to have declared his interest in the company, which could be a violation of the Public Finance Management Act.

Hawks spokesperson Colonel McIntosh Polela told the newspaper the matter was under investigation.

  • Syndrome - 2011-08-07 10:16

    How about we arrange that the Sunday papers print a front page story on someone who is NOT corrupt in this country? Something like "This Company's books balance out" and "this CEO is an honest man". Seriously, it'll be big news.

      ray - 2011-08-07 10:40

      I agree with you-to visvang,Machanik and Brown made headlines for many months[years for Brown].They were not appointed to a statutory body,which should have high standards of integrity.Machanik is just a simple thief[not sure about Brown-see articles in Noseweek.The reports were in both the financial and crime and property sections.Needless to say,these people all need to be rooted out-but,as syndrome infers,we would have very few people left in government if we did.Although there a lot of crooks in the private sector,rigorous accounting/auditing standards provide a much greater barrier to theft etc than the standards applying to public institutions.

      cliffarc - 2011-08-07 10:44

      - I'd say the Hawk's should be raiding the big fish like Malema instead of chasing a small R200,000 theft.

      Grazy - 2011-08-07 13:53

      They will not, because they will struggle to find a black honest CEO and will have to put a white one up, probably an Afrikaner.

  • vis vang - 2011-08-07 10:17

    Typical of the biased reporting by New24. I dare anyone to find any article relating to those crooks Wendy Machanik or J. Arthur Brown in the news section. Their thievery was relegated to the finance section where comments are not allowed. Wendy Machanik makes this dude look like an honest man.

      Grant - 2011-08-07 12:03

      You just made a total chop of yourself! Anyone can find articles related to Wendy Machanik - just search articles related to her on the news24 site - yes a number were on fin24 but were by no means restricted to fin 24. Articles on news24 were open for comment and the comments are still available to be read. The size of the corruption is of lesser relevance than the fact that all corruption, whether large or small is illegal and needs to be rooted out and punished - the punishment appropriate to the level of the crime.

  • Dave50 - 2011-08-07 10:23

    Crime is crime and should be punished how many ANC corrupt crimes have also been swept under the carpet. They should all be prosicuted, NO exceptions.

  • Percy - 2011-08-07 10:23

    there just seems to be no end to ths coruption..perhaps these whites are right..maybe it is a cultural thing. Bt then again these news papers always sensationalise everythng, hw cn you base his declarations or lack thereof on meeting minutes, ther are other means of declaring other than meetings.Come on? finalise investigations and then publish.sensationalism is so 2008*yawn*

  • debrakayestylist - 2011-08-07 10:43

    ok enough of this corruption seriously it is out of control......there is no difference between a carjacker and a corrupt official..they are both criminals. Enough is enough. LIKE Moeletsi Mbeki for President on Facebook or MMbeki4Prez on twitter and lets put a stop to this nonesense!

  • kleinkoppi - 2011-08-07 10:58

    Investigate MALEMA first....

  • Deeteem - 2011-08-07 11:25

    More disturbing is how an ex ETV reporter suddenly got the rank of Colonel ???????

  • Green Oaks - 2011-08-07 12:17

    Yet another one of THEM with their fingers in the till. CAN'T believe it. Or maybe I can !!!

  • jock - 2011-08-07 16:46

    another fat cat proves our point

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