
The City of Johannesburg’s R280-million real estate deal ‘crime scene’
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In 2008, the city had awarded three hectares of prime land above the Sandton Gautrain station to the well-connected Regiments Kgoro consortium. In its bid, Regiments had promised that a 5% stake would be given to an “Alexandra Local Community Trust” along with a share of the R1.8-billion in profit that was anticipated to flow from the development but, that promise was never fulfilled. Susan Comrie, the investigating Journalist who has been working on this story joins us to give a background on this story.