Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Crackdown on dodgy housing contractors

Aug 16 2010 12:13

Related Articles

Zuma housing fund not functioning

Strong earnings, housing data lift Wall St

Sexwale announces housing audit

Housing slump hits Government

Housing picture remains bleak

Housing recovery short-lived

 

Top Stories

DA: Zuma fears tough choices on youth

May 16 2012 12:26

The DA has accused President Jacob Zuma of being afraid to make the difficult choices that would benefit many unemployed young people.

Huge finds make Africa next gas source

May 16 2012 15:52

Western companies have announced finds of huge additional quantities of gas off the coast of Mozambique and Tanzania.

Unhappy Easter for chocolate fan

May 15 2012 16:43

Pick n Pay has agreed to change its labelling after a complaint over candy-coated chocolate buttons inside an Easter egg, says the advertising authority.

 
Share Share line Print
Johannesburg - The department of human settlements is intensifying its crackdown on dodgy housing contractors and has drawn up a shortlist of 20 "problematic" projects worth R2bn currently under investigation, director general Chabane Zulu said on Monday.
  
Presenting an anti-corruption update in Pretoria, Zulu said 10 246 housing projects had been assessed by the special investigating unit headed by Willie Hofmeyr.
  
He said the top 10 dodgy contracts in each province were identified and narrowed down to 20.
  
On average the contract amount is about R100m per contract.
  
The national audit task team also probed housing syndicates and subsidy fraud in provinces and municipalities.
  
Since investigations began in 2007, R44m has been recovered from provincial and municipal officials relating to human settlement grants for service delivery.
  
A total of R11m has already been paid back into state coffers and 1 910 government officials have been arrested as unlawful beneficiaries of subsidies.
  
Zulu said 1 297 of these had been successfully prosecuted.
  
There was also increasing concern over housing syndicates, and investigations were under way into the selling and renting of state-owned houses primarily in Gauteng, the North West and KwaZulu-Natal.
  
"Three arrests have already been made in KwaZulu-Natal and suspects are currently in court. More arrested are expected in other provinces in the next six weeks," he said.
  
Commenting on the updates, Human Settlements Minister Tokyo Sexwale said it was not all about "doom and gloom".
  
"We are very determined and steadfast in our campaign to clamp down in our fight against corruption... corruption in our country is endemic and it's spreading so fast," Sexwale said.

- Sapa

 
 
Comment on this story
4 comments
Add your comment
Comment 0 characters remaining
News Corp shakes off scandal
May 10 2012 12:17

As News Corp reports stronger than expected results, big questions remain about its ownership stake in BSkyB. (2:04)

Sasha

"On Monday alone according to the WSJ Greek depositors withdrew 700 million Euros of cash alone. Greek banks are going to have more and more liquidity issues as the panic spreads, I guess we should expect similar or higher numbers today. And German bunds are also attracting attention from Greek fol... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...