Data provided by McGregor BFA
All data is delayed
Loading...
See More

Joburg rates fraud more than R10m

Jul 27 2012 09:29 Sapa

Related Articles

Clampdown on healthcare fraud

Civil service fraud cost SA R300m

Building bigwigs in bid-rigging probe

Govt tightens up on social grants

Textbooks tender deal gets dirtier

Gordhan: Punish crooked officials

 
Johannesburg - A probe into a rates scam allegedly operating in the City of Johannesburg indicated that fraud was higher than an initial estimate of R10m, according to a report on Friday.

The Business Day reported that Roslynn Greef, a member of a mayoral committee on urban management, said on Thursday that those responsible would face dismissal and arrest.

It was believed some city officials pocketed money paid in exchange for legitimate services, and issued landlords with fraudulent receipts. The receipts were, however, entered into the City's records as valid transactions.

While some landlords were unaware of the illicit nature of the transaction, it was believed others knew the money was not reaching the municipality.

Greef said the City had "moved backwards" but it was taking a zero-tolerance approach to resolve the problem.

The report also called for "mitigation measures... to avoid the recurrence of such an incident".

* Follow Fin24 on Facebook, Twitter and Google+.

landlords  |  fraud
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
9 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Zuma: Pray for peaceful polls

President Jacob Zuma has asked members of the Universal Church of the Kingdom of God to pray for peaceful elections on 7 May.

 
 

Latest elections multimedia

Why Jack Parow wants you to vote on 7 May
The ad the SABC doesn't want to air
Elections 2014 in one cartoon
This year's election posters

Money Clinic

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