Auction Alliance boss Rael Levitt is being investigated for allegedly paying people to drive up the amounts other people were willing to bid at property auctions, according to a report on Tuesday.
The Consumer Protection Commission and the Estate Agency Affairs Board told The Star newspaper that a probe in Levitt's business activities was underway.
Levitt is accused of giving kickbacks to liquidators, bank staff and attorneys.
Meanwhile, he has offered to step down as a board member of the SA Institute of Auctioneers pending the outcome of the investigation.
Cosatu has benefited financially from plans to introduce toll roads to Gauteng, City Press reported.
How to completely avoid paying any of the new investment related taxes (e.g. dividend tax)...
Solidarity announced on Tuesday its campaign to put a stop to the retrenchments at Absa.
