Auction at Bosasa, now known as African Global Operations, is underway.
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.
Eyewitness News reporter Veronica Mokhoali has more.
We have been told by the company that is overseeing this auction that they have exceeded a thousand registered bidders.— Veronica Mokhoali, Reporter - Eyewitness News
We are seeing vehicles, property and catering equipment being part of the auction. They say this is a legal auction.— Veronica Mokhoali, Reporter - Eyewitness News
One of the main items that the bidders said they were looking forward to is Gavin Watson's BMW X5 and a Porsche.— Veronica Mokhoali, Reporter - Eyewitness News
Listen to the full interview below...