Steve Kretzmann

4 weeks ago | businesslive.co.za | Steve Kretzmann |Matthew Hirsch

More than 4ha of prime land across the boundary of Green Point and Sea Point are to be auctioned off by the City of Cape Town for mixed-use development, including affordable housing. The plan to sell the triangular site between Main Road and Helen Suzman Boulevard, which includes the Sea Point library on the western edge and an electrical substation on the east, was approved during a council meeting in December last year.

1 month ago | groundup.org.za | Steve Kretzmann

The Special Investigating Unit (SIU) on Tuesday updated Parliament’s Standing Committee on Public Accounts on its investigations into maladministration at the Road Accident Fund. The SIU has recovered R318-million from law firms so far. While most of the duplicate payments have already been recovered, the SIU discovered that some law firms had plundered their trust accounts to pay money back to the RAF. Using a trust account to pay money owed by the law firm is a criminal offence.

1 month ago | techfinancials.co.za | Steve Kretzmann |Gugu Lourie

The Special Investigating Unit (SIU) on Tuesday updated Parliament’s Standing Committee on Public Accounts on its investigations into maladministration at the Road Accident Fund. The SIU has recovered R318-million from law firms so far. While most of the duplicate payments have already been recovered, the SIU discovered that some law firms had plundered their trust accounts to pay money back to the RAF. Using a trust account to pay money owed by the law firm is a criminal offence.

1 month ago | allafrica.com | Steve Kretzmann

Case about track that was stolen in 2012 set to continue in June, more than 12 years later Former Passenger Rail Agency South Africa (PRASA) acting CEO Mthuthuzeli Swartz and Cape Town businessman Nadir Mohiudeen are on trial for fraudulently selling 42km of railway line for scrap. For two days, the Gqeberha Regional Court heard how state witness Adrian Samuels's company Akisisa was drawn into the deal. On Thursday, Samuels was grilled by Mohiudeen's advocate.

1 month ago | groundup.org.za | Steve Kretzmann

Former Passenger Rail Agency South Africa (PRASA) acting CEO Mthuthuzeli Swartz and Cape Town businessman Nadir Mohiudeen are on trial for fraudulently selling 42km of railway line for scrap. For two days, the Gqeberha Regional Court heard how state witness Adrian Samuels’s company Akisisa was drawn into the deal. On Thursday, Samuels was grilled by Mohiudeen’s advocate.