City of Cape Town’s costly and 'shady' land deal comes under scrutiny

City of Cape Town’s costly and 'shady' land deal comes under scrutiny

The Democratic Alliance has drawn attention after it purchased land in Dunoon that's worth R64 million while the city could not really afford it.The GOOD political party has asked that the purchase be investigated.

PAY ATTENTION: Click “See First” under the “Following” tab to see Briefly.co.za News on your News Feed!

The DA has come under fire for purchasing land worth R64.6 million to reportedly appease its voters in a wealthy suburb.

The Western Cape Department of Human Settlements has confirmed financing purchase of land at Racing Park, known as Doornbach.

This while the city did not have the finances to support such a purchase, according to IOL News.

PAY ATTENTION: Do you want to know what's trending on Briefly.co.za? Join our WhatsApp group today.

GOOD, the political party, has asked that the provincial standing committee on public accounts look into the land that was bought.

Brett Herron, GOOD secretary-general, claims the land was bought at double the market value and could be considered irregular expenditure.

Furthermore, Herron said the land was bought because it was “out of sight of middle-income” and Table View.

The city owns other land as well, which was supposed to have gone for housing development.

READ ALSO: SA’s new driving demerit system may affect insurance industry negatively

Herron also claimed Bonginkosi Madikizela, the then-MEC for human settlements knew about the situation but didn't act.

Was the land bought at such a huge amount to also prevent housing and avoid 'ruining' the appearance of the affluent area?

Enjoyed reading our story? Download BRIEFLY's news app on Google Play now and stay up-to-date with major South African news!

Source: Briefly.co.za

Mailfire view pixel