Cape Town - Claims by investigative magazine Noseweek of kickbacks
and money laundering in a deal between Independent Newspapers and
Auction Alliance were denied on Thursday.
The auction house's attorney, Alan Smiedt said: "At no
stage was any deal done nor did the settlement involve any secret deals
or trump cards."
Earlier, in the Cape Times, Independent editor-in-chief
Chris Whitfield said a supposed deal made regarding the publication of
information on auction kickbacks was "absolute scurrilous journalism"
and "fevered imaginings made into print".
The Noseweek article claims the two companies made a hurried deal to ensure both companies' dirty laundry was not aired.
Smiedt said it was "indeed a pity" that the facts of the Noseweek story were not checked before publication.
Had the author attempted to verify the facts, "he would
have also seen that the suggestion of impropriety on my part is devoid
of any truth".
According to the Noseweek article, Auction Alliance
boss Rael Levitt had a "trump card" -- information that newspaper bosses
had negotiated a kickback of more than R1 million from him on the sale
of two Cape Town buildings about a year ago.
It also alleged that the editorial team and lawyers had
"evidence" of kickbacks paid to a prominent liquidator, and that Smiedt
was involved in laundering the money.
Earlier this year, Independent Newspapers exposed a
money-making racket involving bank officials, liquidators and attorneys
paid by the auction company to push business its way.
Independent denied the latest allegations.
According to the report, Whitfield said Noseweek had not attempted to check any facts with him.