Post by Property Wheel

The Joburg Property Company says it welcomes the arrest of Petrus Jacobus Viljoen in connection with allegations relating to the fraudulent transfer and sale of municipality-owned properties. The matter has remained under investigation for more than a decade, it says, whereby the JPC and the City of Joburg uncovered alleged fraud and theft involving municipal immovable assets. The investigation revealed that 33 City-owned properties had allegedly been unlawfully transferred and sold without due process – with some transferred to unsuspecting bona fide purchasers. It additionally, the investigation identified several individuals who allegedly played different roles in the fraudulent transfers, including a former JPC employee. Here's our original article: https://bit.ly/4vlKBMT #CityofJoburg #Municipality #JoburgProperty #Fraud #PropertyNews