PODCAST | THE STORY: Going, going, gone... Bosasa's assets auctioned off

Gavin Watson. (News24)
Gavin Watson. (News24)

About 600 bidders and onlookers stood ten-deep inside Bosasa's Imbizo Hall on Wednesday morning, braving wet and cold conditions to grab a piece of the Bosasa pie.

The first day of a three-day auction got under way with intense bidding for nearly 140 cars, trucks and bakkies that belonged to the corruption-accused company in Krugersdorp. 

Two cars that belonged to late Bosasa CEO Gavin Watson were the talk of the day - his most recent one, a blue BMW X5, was sold for R590 000, while his previous car, a Porsche Cayenne Turbo S, went under the hammer for R500 000.

On the final episode of season 1 of The Story, we wrap up the year by speaking to News24 investigative reporter Kyle Cowan about Bosasa, the auction and the controversy surrounding the embattled business.

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