First of several Saxonwold Gupta-owned properties set to be auctioned

First of several Saxonwold Gupta-owned properties set to be auctioned

- The home from which Ace Magashule's son was evicted is now set to be auctioned off

- The home, located in the affluent suburb Saxonwold, belongs to the infamous Gupta family

- This is only the first of several properties owned by the family to be auctioned

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Several properties owned by the Gupta family will soon be available on auction, Briefly.co.za learnt.

The first is a Saxonwold-based home that was until almost a month ago the home of ANC Secretary-General Ace Magashule's son, Tshepiso. He was evicted from the property.

The house will be auctioned off by Park Village Auctions, according to The Citizen, and it will go on auction on 18 November.

READ ALSO: R2.7 Billion looted from VBS Mutual Bank: Not one soul prosecuted

Clive Lazarus of PVA said the home will be a great buy for anyone looking to invest in a luxury home in the popular and affluent suburb of Saxonwold. Homes here can go up to R20 million.

Lazarus added that there are other properties that will soon be sold off.

"We are awaiting instruction to sell [the remaining properties] from the business rescue practitioners."

This comes after SA has requested the help of 7 other countries in the fight against the Gupta family. Holding the family accountable for their wrongdoings is a priority.

First of several Saxonwold Gupta-owned properties set to be auctioned

The property. (Image Source: Park Village Auctions)
Source: UGC

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Source: Briefly.co.za

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