Streaming issues? Report here
Africa Melane June 2020 Africa Melane June 2020
Early Breakfast with Africa Melane
04:00 - 06:00
volume_up
volume_mute

Up Next: Breakfast with Bongani Bingwa
See full line-up
Early Breakfast with Africa Melane
04:00 - 06:00
Home
arrow_forward
Local

'If Bosasa goes under the hammer it will be illegal'

3 December 2019 2:01 PM
Tags:
State Capture
Bosasa
Gavin Watson
angelo agrizz

Park Village Auction & Property Sales director and lead auctioneer Clive Lazarus says the auction will go ahead tomorrow.

Property belonging to Bosasa, now African Global Operations is set to go under the hammer tomorrow.

The company was put into liquidation after banks announced they would be closing all its accounts due to corruption allegations.

This followed after former Bosasa CEO Angelo Agrizzi gave evidence at the State Capture Inquiry where he said they pocketed billions from government contracts using bribes.

The three-day auction includes passenger and commercial vehicles, catering, garden and office equipment.

Clement Manyathela speaks to Gavin Watson's nephew Jarred Watson about the auction.

If it goes ahead tomorrow it will be an illegal auction. The provisional liquidators don't have the authority to sell any assets within the business.

Jarred Watson, Gavin Watson's nephew

The provisionally appointed liquidator has no right to sell any assets of the business, there has to be a first meeting of creditors and only once a liquidator is appointed only then they can sell the assets.

Jarred Watson, Gavin Watson's nephew

Meanwhile, Park Village Auction & Property Sales director and lead auctioneer Clive Lazarus says the auction will go ahead tomorrow.

We've had two days of viewing and the auction is starting tomorrow at 11am.

Clive Lazarus, Director and lead auctioneer - Park Village Auction & Property Sales

We are starting with approximately 160 vehicles, commercial vehicles and some furniture.

Clive Lazarus, Director and lead auctioneer - Park Village Auction & Property Sales

Listen to the full interview...


3 December 2019 2:01 PM
Tags:
State Capture
Bosasa
Gavin Watson
angelo agrizz

More from Local

200722capetowntechgif

COVID-19 UPDATE: SA recovery rate reaches 69%

3 August 2020 10:47 PM

The cumulative number of confirmed COVID-19 cases is 516,862. There were 5,377 new infections.

Share this:
Read More arrow_forward

Covid-19 workplace safety measures 123rf

Act, Mr Ramaphosa! Cosatu wants special courts to tackle COVID-19 corruption

3 August 2020 6:27 PM

On Monday, the federation released a statement expressing its concern over allegations of corruption against state officials.

Share this:
Read More arrow_forward

Electricity load shedding power outages 123rfpolitics 123rf

Soweto, Ivory Park affected as Eskom implements load reduction in four provinces

3 August 2020 6:00 PM

In Gauteng, residents in many parts of Ivory Park and Soweto will be affected from 5pm until 10pm.

Share this:
Read More arrow_forward

eskom-logojfif

Eskom and SIU seek to recoup funds lost to state capture corruption

3 August 2020 5:50 PM

The power utility and the Special Investigating Unit have approached the North Gauteng High Court to recoup R3.8-billion.

Share this:
Read More arrow_forward

cigarette-pack-smoker-tobacco-product-addiction-packet-smokes-smoking-123rf

South Africa to take part in a tobacco survey ahead of planned new restrictions

3 August 2020 5:46 PM

Business Insider Inc associate editor thinks the results of the survey may create a false baseline for South Africa.

Share this:
Read More arrow_forward

cellphone-mobile-phone-user-chat-texting-SMS-apps-city-skyline-123rf

5G infrastructure pushback: Research shows exposure not having effect on health

3 August 2020 5:20 PM

Communications acting director-general Nomvuyiso Batyi says we cannot conclude the technology radiation has cancer-causing cells.

Share this:
Read More arrow_forward

Tintswalo Makhubele

Zondo dismisses Judge Makhubele’s application to postpone her testimony

3 August 2020 4:25 PM

Eyewitness News reporter Nthakoana Ngatane has the details.

Share this:
Read More arrow_forward

alcohol-liquor-booze-drinking-glasses-whiskey-clinging-celebrations-123rf

Scientist says booze ban is helpful but offers alternatives so it can be lifted

3 August 2020 2:56 PM

South African Medical Research Council has called on the government to review the ban in alcohol sales.

Share this:
Read More arrow_forward

Visa

[LISTEN] Home Affairs extends validity of visas that expired during lockdown

3 August 2020 1:13 PM

Mandy Wiener spoke to Home Affairs Minister Aaron Motsoaledi to find out more.

Share this:
Read More arrow_forward

school-learner-child-pupil-writing-notebook-classroom-pencil-stationery-123rf

Sadtu says it will not hesitate to seek school break if COVID-19 flares up

3 August 2020 1:12 PM

The union will call on the department to say they should close down schools to ensure learners and teachers are not put in danger.

Share this:
Read More arrow_forward