Alliance public hearing to start

Posted On Thursday, 22 March 2012 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

The public hearing into a complaint against Auction Alliance is expected to begin on Friday at the National Consumer Commission in Pretoria, according to report.

Rael LevitDeon Leygonie, the other bidder at the disputed December wine farm auction would face questioning, The Star reported.

This was after a complaint was lodged by Wendy Appelbaum in December last year after she bid for the wine estate. She was the winning bidder but claimed that she was bidding against herself.

According to the report, Auction Alliance founder and former CEO Rael Levitt's legal adviser said Levitt was preparing to expose widespread corruption across the auctioneering industry in return for pardon.

Appelbaum believed that Leygonie was bidding against her as a ghost bidder on behalf of Levitt.

However, Levitt said Leygonie was a proxy bidder and acting on behalf of businessman Ariel Gerbi, the newspaper reported.

Last modified on Saturday, 31 May 2014 08:26

Most Popular

Mall of Africa Celebrates Launch of New Generation Pick n Pay Store

Sep 23, 2019
Today Mall of Africa welcomed one of South Africa's biggest grocery retailers to the…

Exemplar REITail Acquires Katale Square Shopping Centre

Sep 23, 2019
Real estate investment trust, Exemplar REITail, has acquired Katale Square shopping…

City of Joburg Housing Development wins UN award

Sep 17, 2019
The City of Johannesburg’s Housing department has won a Sustainable Cities and Human…

Mixed-use is the key to funding hotel development in Africa

Sep 17, 2019
JLL’s research into global property transactions reveals that in the first half of 2019,…

Grit Real Estate financial results for the year-ended 30 June 2019

Sep 30, 2019
London Stock Exchange listed Grit, the only listed Africa-focused income distribution…

Please publish modules in offcanvas position.