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)

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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

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